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Community Asset Transfer Programme 4/12/09
Posted on Friday, October 30, 2009
The Big Lottery Fund is working in partnership with the Welsh Assembly Government to deliver a Community Asset Transfer Programme (CAT). This programme will provide both capital and revenue funding to support the transfer of assets, such as land and buildings, from public sector organisations to community ownership.
We want to help communities become stronger and more sustainable by assisting them to obtain and develop assets such as land or buildings. We will do this by developing assets transferred from public sector bodies to enterprising organisations that actively involve and benefit the communities they serve. They must work towards improving the services and/or facilities for their community, be able to demonstrate that their proposals are sustainable in the long-term and take into account the environmental, social and economic impacts of their work.
Through the CAT programme, we will invest up to £13 million in communities to help them transfer, develop, manage, and sustain assets to improve their livelihoods and neighbourhoods.
We recognise that there will be interest from a range of potential projects in accessing this funding, and that they will be at varying stages of development. Therefore, the CAT programme will be delivered via three competitive funding rounds.
The deadline for receipt of Round 1 applications by Expression of Interest is 4 December 2009.
Round 1: Fast-track
Round 1 will comprise of a Fast-track round, which has been introduced to enable early investment in projects that are fully developed and ready to start work now.
The Fast-track round is a competitive and condensed process, only suitable for those applicants who are able to submit a project business plan and capital project delivery plan with their application. This will enable rapid investment in successful applicants who need funding immediately.
For further information on Round 1 please see the programme guidance notes: Community Asset Transfer Programme guidance notes: Fast-track round – 387KB
Rounds 2 and 3
It is anticipated that rounds 2 and 3 will be launched during 2010. The application process for rounds 2 and 3 will differ from this Fast-track round. These subsequent funding rounds will be particularly useful for organisations whose projects may not be as well developed as those suitable for funding under the Fast-track round.
Under rounds 2 and 3, applicants will be required to complete an application, but will only be required to develop and submit their project business plan and capital project delivery plan if their application is successful. This will allow projects that are not ready to apply under the Fast-track round additional time to consider and plan their proposals.
Separate guidance and application forms will be made available for rounds 2 and 3 during spring 2010.
Big Lottery Website for the Community Asset Transfer Programme
Contact: Call our helpline on 029 2067 8200 (textphone 0845 602 1659), Email us at cat@biglotteryfund.org.uk.
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