A grant available next door
Grants play a crucial role in supporting business growth and enhancing community services.
For businesses and community groups based in Lincolnshire, understanding the opportunities just across the border in Nottinghamshire can be particularly beneficial.
The Nottinghamshire Local Communities Fund (LCF) offers various grants that could indirectly benefit businesses involved in community projects and partnerships.
Overview of the Local Communities Fund (LCF)
The Local Communities Fund is designed to support projects that improve the quality of life in Nottinghamshire.
It aims to help communities live healthier and more independent lives through three main types of grants:
- Capital grants: These grants support physical improvements to facilities which, in turn, improve health, well-being, and the environment.
- Revenue grants: Aimed at covering day-to-day operating costs, these grants help sustain the activities of community groups.
- Food redistribution grants: These grants are dedicated to projects that help improve access to affordable, nutritious food.
The LCF is primarily open to community groups and charities operating within Nottinghamshire.
Eligibility criteria ensure that funding goes to projects that will have a significant positive impact on the community.
Businesses that collaborate with eligible organisations on projects such as creating or improving local facilities might also benefit indirectly from these grants.
For example, a business partnering with a charity to open a community centre could see benefits from both the capital grant for construction and the revenue grant for operational costs.
Application process
Applying for the LCF requires careful preparation. You’ll need to:
- Review guidelines: First, thoroughly review the eligibility criteria and grant guidelines available on the Nottinghamshire County Council website.
- Prepare your proposal: Gather detailed information about your project, including objectives, budget, expected impact, and how it aligns with the goals of the LCF.
- Submit before the deadline: The current round closes on Friday, 24 May 2024. Applications must be completed and submitted by this date.
- Follow up: After submission, keep track of your application’s progress and be prepared to provide additional information if requested by the council.
(We can help you with this, so please don’t hesitate to reach out to our team).
How we can help
We specialise in assisting businesses and community groups with the financial aspects of their grant applications.
Here’s how we can support your application for the LCF:
- Financial preparation: We can help you prepare the financial statements and projections required for the grant application, ensuring they are accurate and comply with the requirements.
- Budgeting advice: Our experts can advise on creating a realistic budget that aligns with both your project goals and the grant’s objectives.
- Maximising success: We will review your application to ensure it meets all financial criteria, potentially increasing your chances of success.
Grants like the LCF can provide essential funding for projects that benefit both the community and local businesses.
With professional support in preparing your application, your project can secure the funding it needs to succeed.