Do you have a local community asset but don’t know what it could be turned into? Or a community business idea that you don’t know how to get off the ground? If you are a community group or organisation who would like to set up a community business but need a bit of support, then this fund is for you.
The £1.85 million Community Business Bright Ideas Fund will offer around 80 community groups, who work in England, with up to 15 days of tailored support and grants of up to £20,000 to develop their budding community business ideas. Jointly funded by Power to Change and the Department for Communities and Local Government, the two-year programme will be delivered by a consortium including Co-operatives UK, Plunkett Foundation and Groundwork UK, led by Locality.
Find out more on the MyCommunity website
The second round of the Community Business Bright Ideas Fund is now open until 31 May. There will be additional rounds in September 2017 and February 2018. Have a look at the guidance in the meantime.