The Regenerus Ace Fund provides a grant of £700 each month to a project in its core operating area of Bootle, Litherland, Seaforth and Netherton.
Applications from established community and voluntary organisations are welcome, but the Ace Fund is also open to informal groups of local residents joining forces to work on a one-off ‘green’ project.
However, according to Ace Fund guidelines, applications must relate to new projects, not ongoing ones. In addition, the £700 must cover all or the majority of the cost of a project, rather than it being a contribution to the financing of a larger scheme.
Apart from these general rules, the fund guidelines have been left deliberately broad to encourage as many groups to apply as possible by completing a simple online form.
The new Ace Fund has been set up because, as part of its constitution, Regenerus has to plough back any surplus income into regeneration projects in the area.
If surpluses increase, Regenerus hopes to provide additional Ace Fund grants. The organisation is also appealing to local businesses to help the scheme expand by making regular small contributions to the grant fund each month.
Chief Executive, Cate Murphy, commented: “Whether it involves creating a community garden or cleaning up a local grotspot, the Ace Fund is all about fostering community spirit and generating pride in our neighbourhoods.
“Over time we believe that all the small-scale projects that the Ace Fund supports will add up to a big difference to life in south Sefton.”
The closing date for applications for each month’s Ace Fund grant is the last day of the month.