The UK Community Renewal Fund comprises £220 million of investment across the UK and will be the pre-cursor to the UK Shared Prosperity Fund to be launched in 2022.
This Fund aims to support people and communities most in need across the UK to pilot programmes and new approaches and will invest in skills, community and place, local business and supporting people into employment.
UK Government identified the North of Tyne Combined Authority as the Lead Authority for Newcastle upon Tyne, Northumberland and North Tyneside with responsibility for inviting, assessing, prioritising, and submitting bids to government of up to £9m in total. Projects must be delivered by March 2022.
Eligible applicants include business support organisations; voluntary, community and social enterprise organisations; and education providers, including Colleges and Universities. All bids must evidence wider impact for multiple individuals, businesses or other organisations.
Here is the presentation from our webinar held on 25th March 2021 – this sets out our proposed approach and timescales.