{"id":5532,"date":"2018-03-27T08:10:21","date_gmt":"2018-03-27T08:10:21","guid":{"rendered":"https:\/\/www.powertochange.org.uk\/news\/5-million-community-business-fund-opens-largest-round-date-copy\/"},"modified":"2021-08-03T12:03:47","modified_gmt":"2021-08-03T11:03:47","slug":"community-business-fund-opens-largest-round-date","status":"publish","type":"post","link":"https:\/\/www.powertochange.org.uk\/news\/community-business-fund-opens-largest-round-date\/","title":{"rendered":"\u00a35 million Community Business Fund opens – largest round to date"},"content":{"rendered":"
Power to Change, the independent trust supporting community businesses in England, has announced today (Tuesday 27 March) that the next round of their flagship Community Business Fund will open in April.\u00a0 With \u00a35 million available to be awarded in 2018, this will be the largest round of the fund in the trust\u2019s history.<\/p>\n
The Community Business Fund awards grants between \u00a350,000 and \u00a3300,000 to established community businesses that need funding for a business development project to make their organisation more financially sustainable. Over 900 applications have been received since it launched in April 2016, with a combined grant request value of more than \u00a3136 million. To date, over 90 organisations the length and breadth of England have been awarded grants with a combined total of \u00a316 million.\u00a0 From community hubs<\/a> to ferryboats<\/a>, cafes<\/a> to community-run cinema<\/a>, even a lobster hatchery<\/a>; the range of community businesses supported is extensive.<\/p>\n