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Gloucestershire Business News

Final deadline for council’s Community Projects Fund announced

Cotswold District Council is set to launch a new crowdfunding scheme from next month.

The council's current capital grant scheme, the Community Projects Fund, is coming to an end on 12th February. Its annual £80,000 budget will be rolled into the Council's new civic crowdfunding programme, Crowdfund Cotswold, in partnership with Spacehive.

The Community Projects Fund (CPF) has supported investment in community halls and community projects for play and recreation across the district, giving out over £500,000 over the last 10 years.

Over the past year, it has supported projects such as Fairford Community Centre, Weston-sub-Edge Village Hall, Tetbury Play Station and Paternoster School's inclusive playground.

Crowdfund Cotswold will replace the traditional grants approach with an online civic crowdfunding platform, allowing communities to seek funding support from their local community, businesses and other supporters, as well as Cotswold District Council.

Cllr Jenny Forde, cabinet member for health and wellbeing, said: "The old way of doing things, the Community Projects Fund, is coming to an end. However, this does not mean an end to council support for community projects.

"We want to make the process for turning these ideas into reality easier, more accessible and quicker. Therefore, all future community projects that were previously able to apply to the CPF will be encouraged to put forward project ideas under the new Crowdfund Cotswold scheme. Crowdfund Cotswold will also enable support and investment for activities the previous fund would not have covered, such as environmental improvement projects with a capital cost.

"We're excited about this new partnership with Spacehive and I can't wait to see the range of ideas that the people of the Cotswolds bring forward. Our residents are best placed to understand the challenges and opportunities in their area and Crowdfund Cotswold will give our communities ownership to improve where they live."

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