What is the purpose of the Build Back Better Market Towns fund?
As we emerge from the coronavirus pandemic we want to support local communities to build back better by supporting the delivery of community events.
We would like to bring back some fun and entertainment for communities that have been unable to host any planned community events / activities during the pandemic.
The Build Back Better - Market Towns fund is about helping to remove the financial barriers that may be preventing a community event taking place, by providing some additional funding that could allow local events to take place.
The purpose of the grant funding is to boost the economy of Gloucestershire’s Market Towns and local High Streets.
Bids can support any activity that helps Market Towns and High Streets to recover from the impact of pandemic and revitalise local shops, businesses and tourism.
The grant can be used to provide funding for an event that would not otherwise be financially secure, or to implement other initiatives that will encourage people to buy local or visit local areas. For example, this might include running a farmer’s market, a vintage car show, a music festival, a Christmas / spring market, summer fete or other community event.
The fund can either be used to provide grant funding, or to financially underwrite an event that would otherwise be unviable.
The total funding pot available is £500,000, and we would like to invite and seek bids ranging from between £1,000 to £25,000. This will be a competitive process with the final decision to award funding being made by a panel consisting of the Cabinet Member for Finance and Change and senior officers.
In addition - for any successful bids Gloucestershire County Council officers will provide advice on any promotional communications required to make the event a success.
Outcome of first round of funding
In total, 45 bids for funding were supported which resulted in £385,386 of the £500,000 allocated.
Second round of funding
In total, 22 bids for funding were supported. The funding decisions made now mean that the fund has been allocated and no further events will be supported.