Community benefit fund launches
Published on March 4th 2021
Viking Energy Wind Farm is committed to sharing the benefits of the wind farm with the Shetland community. A key element of the support is the long-term commitment to invest in the Viking Community Fund. The index-linked fund is anticipated to be worth £72 million over its lifetime. The Fund is managed independently of the wind farm by local co-operative Shetland Community Benefit Fund.
The first stage of the Viking Community Fund, the advanced grant scheme, is now open for applications from local community groups, charities and organisations. The fund is open to applications from all 18 community council areas in Shetland and has two tiers:
1.Tier One – Provides Micro Grants of £50 to £500 to support small projects which might need only a small level of support. This could be for an existing project or to develop a new idea. The application process is short and easy to access.
2.Tier Two – Provides grants of over £500 to support projects which need a larger investment. These applications should be from constituted groups. Projects should support the priority areas of the advanced grant scheme which include: promoting social inclusion and mental wellbeing; developing or improving community assets; and improving local heritage, cultural, sport, and arts facilities or activities.
Viking Energy Wind Farm hopes that the Viking Community Fund will make a significant contribution to local community initiatives for years to come.
To find out more about the fund please visit Shetland Community Benefit Fund’s website www.scbf.org.uk/ags.