Financing the future economy: How community businesses can access the right finance to achieve their ambitions

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This report provides an overview of the finance and funding landscape for community business, outlining the challenges in accessing the right type of finance at the right time, and situating access to finance within the wider policy context.

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This report draws on what Power to Change has learned from funding, supporting and advocating for community business since 2015 about the challenges community businesses face in accessing the right types of finance, at the right time, to sustain and grow their businesses.

It highlights the range and complexity of the sources of finance used by community businesses to start up, grow and sustain their businesses, and the relative challenges and opportunities that these present.

It also situates access to finance within the wider policy context and provides recommendations on how funders, investors and government at all levels can unlock finance for this vital sector to create a fairer and more sustainable economy.

Where

The key facts

48%

of community businesses operate in the 30% most disadvantaged areas in England

86%

of paid staff live locally

56p

of every £1 stays in the local economy