Fund title: Power to Change: Community Business Fund

Focus of fund/fund aims:

Grants to help existing community businesses to grow and become more sustainable

Application deadline:

Open from 7 June until 5 July 2017

Fund description:

The £150m Power to Change programme supports community and voluntary groups through the stages of the journey towards running a community enterprise.

The Community Business Fund provides capital and project-related revenue funding for existing community businesses. Grants of between £50,000 and £300,000 are available to community businesses which meet at least one of the following goals:

  • reduce social isolation
  • improve health and wellbeing
  • increase employability
  • create better access to basic services
  • improve local environment
  • enable greater community cohesion
  • foster greater community pride and empowerment

It is important that applicants meet the Power to Change definition of a community business: that is, that they are locally rooted, accountable to the local community, trading for the benefit of the local community and have broad community impact.

Power to Change also offers a range of other funding options including blended funding and community shares, as well as the Community Business Bright Ideas Fund which supports community business start-ups.

Further information:

http://www.thepowertochange.org.uk/funding/grants/community-business-fund/