Devon bids for Community Renewal Funding
Devon County Council has submitted a programme of bids totalling £12.2 million to a new government funding scheme which aims to support communities and businesses to recover after the coronavirus pandemic.
Devon County Council are bidding for a share of the £200 million Community Renewal Fund, which has been made available as part of a year-long test in advance of the launch of the government replacement for EU funding, the Shared Prosperity Fund.
Devon’s bid is made up of 16 projects from across the county which have the potential to generate hundreds of jobs, support the creation of new businesses, and help thousands of people to retrain.
Earlier this year DCC invited organisations to put forward their innovative project ideas to help kickstart the local economy. The aim was to find initiatives which invest in skills and job opportunities, support the growth of local businesses, and help local communities become more resilient and sustainable.
More than £8.5 million of the bid submission is for projects in Mid Devon, Torridge, and West Devon to help address economic and social inequalities in deprived communities hardest hit by the impact of the pandemic.