Magnox socio-economic scheme funding guidance 2022
Find out how our socio-economic scheme works and how to apply for grant funding. Welsh version will follow shortly.
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Magnox manages a funding portfolio of just over £1million each financial year across 12 Magnox sites on behalf of the NDA. Funding is available on a rolling programme to support our aims on three levels:
- Over £10,000 to support large projects that make a significant contribution towards delivering socio-economic objectives nearest to Magnox sites
- Up to £10,000 capital expenditure towards a sustainable project
- Up to £2,000 for small projects neighbouring Magnox sites
Socio-economic funding will be distributed fairly and prioritised according to the socio-economic needs of individual Magnox communities. Funding to support activities of up to £2,000 is very competitive and limited to £6,000 per year for each Magnox site.