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2. Heritage Enterprise For projects that seek to achieve economic growth
Aimed at enterprising community organisations
Bridging the funding gap / addressing market failure
Commercial / social enterprise partnerships
Grants from £100,000 - £5million

3. Outcomes for heritage better managed in better condition (w)
Conway Mill, Belfast

4. Outcomes for people developed skills (w) learnt about heritage
No public access.
No activity plan.
Construction Skills NI
developed skills (w)
learnt about heritage

5. Outcomes for communities
your local economy will be boosted (w)
your local area/community will be a better place to live, work or visit
environmental impacts will be reduced
St George’s Market, Belfast

6. What we fund - priorities
End-use that generates a commercial income
Heritage assets “at risk”
Designated heritage assets
Economically disadvantaged areas
Skills opportunities
Increased learning about heritage
NB Public access not a requirement
Doesn’t have to be designated at risk register – just need to demonstrate that there is market failure.
Does have to be designated or of value to the community.
Doesn’t have to be in the top areas of deprivation but can make an argument.
Adams Building, Nottingham

7. Involvement of private for-profit sector
Development partner
Occupier
Freehold owner
Developers’ return allowed to encourage investment. Capped at 15%
Development partners – so take a profit out of rental.
Occupier – need to be paying a market rent to the NFP
Freehold Owner – capital investment , retain the freehold, then lease to NFP.
These are just examples and there can be other models.
Northern Counties Building, Derry City

8. State Aid Rules and the Conservation Deficit
State Aid rules apply where HLF funds projects that generate a commercial income
HLF can only fund the additional heritage related costs of development
Funding restricted to the “conservation deficit”
B (project cost) – C (market value) =
A (conservation deficit)
No conservation deficit = no grant
State aid rules.
Producing some specific guidance.
HLF has an exemption for our programmes – but only when we fund the additional heritage bits.
Our exemption also says – free and unfretted public access.

9. Activities Mandatory requirement for skills training
Activities required during capital works
Digital interpretation
Apprenticeships

11. Templemore Baths

12. Challenges Finding enterprising community groups
Embracing the commercial opportunities
Getting private sector involvement
Speaking the same language (developers, community, funders all have our own)
Timescales
HG or HE projects
Role of the councils
Community asset transfer in NI

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