Demand and competition for The Waterfall Fund is high, however there is a finite amount of money available each year which will be distributed over three funding rounds. Therefore we will only accept applications which agree with the following statements:


Your community group/community asset is constituted with its own bank account. 

Your community group/community asset/business start up is based on the Isles of Mull, Iona, Ulva, Gometra, Erraid, Calve or Inch Kenneth.

Your project has a clear benefit to the community and will deliver transformational change.

Your project is financially sustainable. 

Our limited funds mean that staff and travel costs are only awarded in exceptional circumstances.  Because we only allow applications every two years, we expect a project to evidence sustainability by showing how such costs will be funded without our support in the second and subsequent years. We are extremely unlikely to support existing posts.