The Coatbridge Neighbourhood Board has introduced the Project Catalyst Fund, established through the UK Government’s Pride in Place Programme for Coatbridge. This initiative is designed to support the initial stages of project development, helping organisations transform promising ideas into deliverable projects.
Many potential projects fail to progress due to the costs associated with necessary studies and professional support required to secure delivery funding. The Project Catalyst Fund aims to address this gap in Coatbridge by supporting a variety of project development activities. The ultimate goal is to foster strong, viable projects that can enhance local areas and contribute to the long-term regeneration of the town.
The fund will operate via a two-stage application process. Organisations will first submit an initial expression of interest, after which eligible projects will be invited to submit a full application.
“"We know there are many great ideas across Coatbridge that have the potential to make a real difference to local communities, but often community groups need support to develop those ideas into projects so that they are ready to secure major investment and be delivered."
“"The Project Catalyst Fund has been designed to provide that support. By helping organisations undertake the development work needed to build strong projects, we can create a pipeline of opportunities that contribute to the long-term regeneration of the town and help bring vacant and underused places and spaces back into beneficial use."
“"We look forward to receiving applications and supporting organisations to take the next step in developing their projects."
Detailed information regarding eligibility criteria, application guidance, and supporting documents is now available on the North Lanarkshire Council website.
