Community Asset Transfers in Wales – A Best Practice Guide
Ebbw Vale Institute is the oldest Institute in Wales. It is a Grade II listed building and was built in 1849. It was in danger of being lost due to the need for extensive repair and refurbishment, which the owner, Blaenau Gwent CBC, could not commit funding. In 2007, ProMo-Cymru approached the Council to take on the major task of saving and restoring the historic Institute building and turning it into a sustainable cultural centre of community activity and learning; which was its original function when it opened its doors as the first educational institute in Wales in The journey to restore the Institute to its former glory began with initial funding from the Heads of the Valley Project. Following the launch of the Big Lottery’s Community Asset Transfer Fund, ProMo-Cymru then approached the Council for a freehold community asset transfer. The transfer was completed in May 2012 and a £750,000 Big Lottery grant secured to complete the restoration.