Mid Ulster District Council: Capital Discretionary Grant
Overview
Capital Discretionary Grant (Threshold £50,000)
To recognise that there are times when a modest amount of capital investment in our community can create the potential for a much larger project to happen. In such circumstances Council could potentially be a discretionary funder of last resort to allow projects to happen and maximise investment to our areas and communities. Any contribution would be a percentage towards a much larger project.
Capital funding – Council will consider providing financial support for capital projects, which are defined as projects which will provide benefit to the community for a period in excess of five years, examples of which may include a new building or refurbishment/renovation of an existing building. It will not provide support for acquisition of land, buildings or other assets such as equipment other than fixed plant for example permanently installed elevators/lifts
- The project funded must be in community ownership (satisfactory evidence of legal title or an appropriate long term lease will be required.
- Not for Profit - Funding will only be considered for not for profit constituted community and voluntary groups which are involved in progressing a major community capital project which will provide significant benefit to the community within the Mid Ulster District Council area -Groups/organisations must able to demonstrate that the majority of project beneficiaries (>80%) live within the Mid Ulster District Council area.
- Community Benefit – A Project Plan must be in place to show community need and benefit and to avoid any potential issues of duplication.
- Funder of Last Resort - The majority of funding at least 60%+ should be in place and that all funding avenues have been exhausted. Evidence of this will be required.
- Statutory Requirements - The project must be at a state of readiness 6 months after letter of offer; with planning permission, land acquisition or lease agreement (if required), and other statutory permissions in place along with accurate costings.
- Mid Ulster District Council Corporate Aims – The project must clearly demonstrate how it is achieving on Council corporate aims and objectives.
- The project is a minimum value of £150,000, with Council funding to a maximum contribution of £50,000.
- The Project must complete within 18 months of Letter of Offer; phased delivery and invoicing of expenditure can be accommodated.
A Group can only submit one application per project for this Capital Discretionary Funding Support and an application will only be considered by a Group once every 3 years.
Groups/Organisations would be required to formally present their application / submission to a Special Development Committee of Council.
Eligibility
- Groups applying for a grant must be a not for profit constituted community or voluntary organisation with an annual AGM, individuals can apply to the sports representative grant only.
- Funding cannot be allocated for a project or venue where an existing SLA exists with Council for a project, building or facility.
- Groups will only be able to apply for a grant as per the categories, this is to maximise the funding allocation to as many groups as possible.
- The same project cannot be split across different grant categories.
- Statutory and ‘for profit’ organisations, activities and recipients (including activities that receive statutory core provision are not eligible for grant)
- Regional groups/organisations are not eligible to apply.
- Applications that are not completed accurately and in full will not be considered.
- Religious or political activity cannot be funded under any grant.
- All applicants must present a project that will take place within the Mid Ulster District Council area (exception Sports Representative Grant as detailed within this section).
- Applicants must present a project that will be delivered between 1st April - 31st March each year.
- Evidence of good management practices/policies, including annual AGM, Group bank account, financial management practice, insurances, etc. will be required.
- Once the Form of Acceptance is completed and submitted online, an advance payment of 50% of the award will be generated automatically (some grant exclusions may apply) with final verification of all expenditure.
- Group recipients should not have a membership charge for its users accessing its community provision greater than £250.
- Group recipients should have no element of profit gain to any member or individual of its Committee (community interest companies not included due to director contribution).