Advisory support is still available and includes Action Planning, Study Visits and Specialist Business Advice e.g. business planning, community shares, marketing etc. Any advisory support will be allocated by December 2018.
Bursaries are still available for up to £2,500 per community group to fund pre-feasibility costs such as public consultation and valuation. Bursaries are open to community groups that have completed the Action Planning support. Final bursary awards will be allocated by 1 September, or whenever the bursary funds have been allocated, whichever is soonest.
As of 14th June 2018, all Grant funds have been allocated to a number of community pub groups. Loan funding is still available to groups. Groups are welcome to apply for both the Loan and Grant, as not all of the Grant funding has been drawn-down by the successful groups and there is the possibility of more funds becoming available, for example if pub sales fall through. All applications will be assessed at a Monthly Panel Meeting as usual and groups will be notified of the outcome between now and October 2018.
There is an expectation that groups will raise some level of community finance which will be taken into account when determining the funding mix.