Community spaces

Interest-free loans to help create sustainable spaces that benefit the environment. Wales only.

Interest-free loans of up to £50,000 are available to help organisations that own or manage a community space in Wales for the benefit of local people and the environment to grow their trading activities and become more sustainable.

Funding should help organisations boost their income through viable business ideas so they can benefit the whole community, particularly those facing greater challenges.

Read about a project we’re already funding, check out our guidance notes and apply.

The funding has been donated by Co-op from the sale of 5p single-use carrier bags in Welsh Co-op stores. This means that for every bag bought in Wales, we’re working together with Co-op to benefit the environment and strengthen communities.

Is your organisation eligible?

  • Your organisation must be run for the benefit of the community, rather than for private profit
  • You must own or manage a building or outdoor space that’s used for a wide range of community activities
  • You should involve a wide range of local people in your work, including more disadvantaged members of the community
  • You should have realistic plans to develop trading activities that will grow your long-term income
  • You must be prepared to take on a loan that will need to be repaid
  • You must be based in Wales

Loans are normally repaid within five years. No repayments are required in year one. Some grant funding is also available.