Fund title: Power to Change: Community Business Bright Ideas Fund
Focus of fund/fund aims:
funding and support for community business start-ups
Round 2 closes 31 May 2017: further rounds in Sept 2017 & Feb 2018
A new £1.85million fund to support community business start-ups was launched in 2016.
The Community Business Bright Ideas Fund, jointly funded by Power to Change and the Department for Communities and Local Government, is being run by Locality and will offer tailored support and grants of up to £20,000 to 80 groups to develop their projects.
The two-year programme is open to community groups, associations and organisations across England which have a good idea for a community business but need help developing it, or which are just starting out.
It aims to give community groups the early stage finance they need to carry out consultations with local people to develop a community business idea the community wants and needs and will also give them support and tools to start setting up their community businesses.
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