£3 million funding is available for local people wanting to put business into community hands.
If you’re a local group needing an extra boost to set up or grow a community business, you can access up to £10,000 to help launch your community share offer and up to £100,000 match funding when the share offer goes live.
Community shares enable groups to get projects off the ground, with local people investing often small sums of money and becoming co-owners of vital local enterprises – from affordable housing to community pubs to green energy.
Tony Armstrong, CEO of Locality: “Community Shares harness the power and spirit of enterprise in communities – showing the power of community action to financially support great ideas and inspirational projects. We welcome this new investment to boost community shares so that more people can come together to develop new projects, benefit local economies and thriving communities.”
Groups can apply to the programme now and also sign up to a FAQs webinar on Wednesday 13 December 2017: book your place on the Webinar.