Gwynt y Mor Community Benefit Fund – Proposed structures Siân Morgan Jones.

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Presentation transcript:

Gwynt y Mor Community Benefit Fund – Proposed structures Siân Morgan Jones

Funding Thresholds Stepped funding levels Small grants pot of up to £50k for each county area. Could be taken a stage further and on a sliding scale according to eligible zones No ring fenced amount for medium or large projects Development Grants for large projects to undertake preparatory work. Deadline for submission of full application SizeFunding Threshold SMALLUp to £5k MEDIUMUp to £50k LARGEOver £50k Development Grant Up to £25k

Appraisal Process County specific small grants panels. Autonomous, with authority to sign off small grants Denbighshire Small Grants Board Flintshire Small Grants Board Conwy Small Grants Board

Appraisal Process – Option 1 Single Strategic Advisory Group for the Fund, advised by a Technical Group which will review all other applications Strategic Advisory Group Technical Advisory Group NWEAB Work streams

Appraisal Process – Option 2 Single Strategic Advisory Group for the fund, advised by a coordinator. Provision of support for applicants. Strategic Advisory Group Technical Coordinator NWEAB Work streams

Strategic Advisory Group – Membership (Option 1 and 2) LA Member LA Directors of Regeneration Chief Officers of CVCs WG Regeneration Manager Directors HE/FE Community Representation Private Sector Representation RWE In order to support the links with the NWEAB it is expected that the membership of the SAC reflect the NWEAB membership.

Technical Advisory Group – Membership (Option 1) LA Regeneration Managers LA Funding Officers Development Officers of CVCs WG Regeneration Team HE/FE Funding Officers Community Representation Private Sector Representation RWE In order to support the links with the NWEAB it is expected that the membership of the SAC reflect the NWEAB workstream membership.

Technical Coordinator Will be needed for both Option 1 and 2 In Option 2 the coordinator will seek specialist and technical advise and report findings to the Strategic Advisory Group. Flexibility to seek advice from wide range of sources. More direct support for projects applying for the development grant

Resource Implications Considerations for coordinating body Capacity Technical Coordinator Financial resources – Specialist Advice – Promotion