News from: Reading Borough Council (RBC)
A New £100,000 fund to support small community groups in Reading deliver local projects is being proposed, as part of the Council’s new three year Medium Term Financial Plan.
The details of the how the fund will operate are still being worked up, but the intention is that small community groups or organisations in the town which are delivering projects that benefit local communities, will be able to bid for a grant of up to £5,000 each. The funding could be used for ‘one off’ projects, ‘start up’ costs, or to run events or buy equipment, for example.
Changes in 2016 saw the Council move from a grants-based process to a commissioning process for voluntary sector groups. Which can mean smaller community groups sometimes miss out on possible opportunities for funding streams to larger and better established voluntary sector groups.
To redress the balance, the Council is now proposing a new £100,000 Community Grants Fund which will give it the flexibility to respond to requests from smaller local community groups and provide financial support for one-off initiatives that would be of benefit to Reading’s communities. If agreed as part of the Council’s budget setting process this month, there would be two bidding rounds each year, the first being held in June.
For more information see RBC’s full press release at http://news.reading.gov.uk.