A new Community Investment Fund is being developed in Stockport in a bid to kick-start innovative ideas that will help communities to thrive and grow.
The first phase of the fund is worth £25,000 and will see Stockport Council test the approach until next spring by working with its partners in Stockport Together to improve health and wellbeing.
Successful ideas in phase one could be anything from providing activities that connect people and prevent loneliness to providing peer support for people with long term-conditions. In total, funding will range from £200 up to £10,000 per idea.
Councillor David Sedgwick, Stockport Council’s Cabinet Member for Reform and Governance, said:
“If you are part of a local community group or organisation, or even if you and some friends or neighbours have an idea on how to make your community stronger, then we want to hear from you and help turn that idea into reality by working with you.
“We know that there’s a wealth of knowledge and expertise in our communities that make a real difference so this is a really exciting time for anyone who wants to help their area.
“Alongside the community investment fund, we’ll be developing a set of online tools that will help you get all the support and advice you need so we can bring your community closer together.”
Councillor Wendy Wild, Deputy Leader of Stockport Council and Cabinet Member for Adult Social Care, said:
“Stockport has passionate communities across the Borough that have a long history of developing ideas that benefit local people and local places.
“Over the years we’ve seen everything from art groups supporting those living with mental health conditions to dementia friendly cafes and drops-ins for those who suffer from isolation.
“It’s these kind of ideas and activities that we would like to invest in and I’m delighted that we are using this learning phase of the fund to try and help those who have a need to improve their health and wellbeing across Stockport.”
In order to apply for investment, you or your group must:
• be based in Stockport, offering projects or activities that benefit people living and working in Stockport, and
• operate on a not-for-profit basis, and
• have a community business bank account, or
• be able to nominate a third party to act as the guarantor for the investment
You do not have to be a constituted organisation to receive an investment from the Fund. We encourage applications from people or groups that have come together to collaborate on an idea, but for funding purposes you will need to identify one partner as the budget holder.
If you have some great ideas and want to find out more then please visit our website https://www.stockport.gov.uk/community-investment-fund
If you run an activity or a local group in Stockport and want to be the first to hear about Community Investment Fund opportunities then please register your group on Stockport Local (www.stockport.gov.uk/groups), the Council’s community information directory, to receive information on when phase two of the fund goes live in the new year.