A Sub-Committee of the Policy and Resources Committee, the Grants Sub-Committee is responsible for the award of financial support to organisations.
The Council is a funding body on the The Good Exchange website run by Greenham Trust and administers its Grants Scheme via the "The Good Exchange" web portal.
Applications may be made at any time but will next be considered at a time publicised by the Town Council. The Committee will consider all valid applications created on the ” The Good Exchange " web portal between the last closing date for applications and the new closing date. No application will be considered twice. Applications must meet the Newbury Town Council Grant Aid Criteria published on “The Good Exchange” web portal.
The Sub-Committee normally meets twice a year, in summer and winter each year. The summer meeting will have the full grant aid budget available and thus the scheduled winter meeting will only take place if the complete budget is not allocated.
Grant Aid is to be allocated on merit regardless of whether it is for a capital project or not. The allocated money is not to be split between capital and small grants.
Grant aid will be advertised in the local press and to arts and leisure organisations via the Council's web site www.newbury.gov.uk and on https://thegoodexchange.com