Welcome to the LondonDerry Chamber of Commerce

Connecting Business Northwest

Member News: Community Ownership Fund (COF) Round 2 Promotion

The Department for Levelling Up, Housing and Communities is pleased to announce that the 2nd round of the Community Ownership Fund will be launched at the start of June.  The prospectus for Round 2 was released on Friday 27th May alongside the assessment criteria. These documents are published on gov.uk and are available via the following link:

https://www.gov.uk/government/publications/community-ownership-fund-prospectus/community-ownership-fund-prospectus–2.

There will be 2 webinars for prospective applicants, on 8th June and 16th June. These webinars will be open to councils, V&C sector organisations and other organisations who express an interest in finding out more about COF. To receive an invitation to either of the webinars, please follow the link and fill out a sign-up form.

The Community Ownership Fund (COF) has been set up for the benefit of communities across England, Scotland, Wales and Northern Ireland. It will allow community and voluntary organisations and other eligible applicants to apply for match funding to take ownership of assets and amenities that would otherwise be lost to the community. In Round 1, just under £8 million was injected into 21 projects all across the UK.

The Expression of Interest Window will open on 10th June. The first main application window will open in June, and there will be 2 further application windows before the end of the financial year 2023.

If you have any questions about the Community Ownership Fund, please direct any queries to: [email protected]