The Community Business Bright Ideas Fund aims to give your community group the support and tools to start setting up your community business. It will also give your group the early stage finance that you need need to carry out consultation with local people and feasibility studies to develop a community business idea the community wants and needs.
What is a community business?
A community business is set up and led by local people to look after what matters to them. Any profits flow back into the business to deliver positive local impact.
Watch some case studies to hear some community business ideas.
What the Bright Ideas Fund offers
Online induction and ongoing support, either online, by phone or where possible through visits
Community Business development plans, to help successful groups shape and develop strategies and plans for their community business
Mentoring and visits, to inspire applicants and give them the opportunity to learn from peers
Regional networking and events, to learn from social finance experts, successful community business leaders, funders and technical specialists.
On 11 April, Power to Change and Locality hosted a webinar for those who are keen to find out more about the fund criteria, application process and FAQs.
19 April 2017: Second window opened
31 May 2017: Second window closes
September 2017: Third window opens
February 2018: Fourth window opens
The final date for submitting to the Eligibility Checker is 31 May 2017 at 23:59.