The Community Shares Booster Fund is a funding scheme to support community share offers.
The Booster Fund has relaunched to support new and existing community businesses in England that are at all stages of a community share issue.
This includes the very early stages of exploring whether it’s the right choice, through planning a community share issue to being ready to launch, or in exceptional cases, recently launched.
The programme is funded by Power to Change, Architectural Heritage Fund and Access – The Foundation for Social Investment, and is delivered in partnership with Coops UK, Locality, Plunkett Foundation and Co-operative and Community Finance.
What can you apply for?
Development grants – averaging £5,000, to prepare a community share offer: financial planning, governance support, marketing costs and being awarded the Community Shares Standard Mark.
Equity match investment – typically matching £1 for £1 up to £25,000 invested by the Booster Fund, providing the minimum share offer target is achieved.