Seven organisations to benefit from Crown Estate funding

THE FIRST seven local organisations to benefit from a new grant aid scheme financed by net revenues from Crown Estate assets have been announced.

Following a recent meeting of the Shetland Crown Estate fund panel, applications worth almost £185,000 have been approved.

The beneficiaries are:

A further six requests for funding above £50,000 will be considered by councillors in January next year.

The new grant aid scheme is financed from net revenues generated by the Crown Estate assets in Scotland after the powers to distribute some of the organisation’s revenues was devolved to local authorities.

Shetland Islands Council has been allocated £2.3 million over the last two financial years.

In October, the SIC said it had already received nearly 40 applications for funding.

The scheme is open to charities, community organisations, social enterprises and other community or public bodies, and it can provide grants of between £10,000 and £100,000.

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The next Shetland Crown Estate fund panel meeting date is Monday 15 March 2021.

More details of the application process and deadlines can be found at https://www.shetland.gov.uk/grants/crown-estate-fund

Chair of the council’s development committee Alastair Cooper said: “I’m pleased to see these first grant awards made, so that the Shetland community can benefit from this Crown Estate funding.

“I’d encourage other local groups to consider making applications for eligible projects in future, so that we can maximise the long-term opportunities of this funding source.”