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Thursday, March 7th, 2019

Grants for new community businesses – Community Business Bright Ideas Fund

The Community Business Bright Ideas Fund supports aspiring community groups in England wanting to set up new community businesses.

Grants of up to £15,000, tailored business support as well as learning events are available to:

  • Give community groups the support and tools required to start setting up their community business
  • Provide them with the early stage finance to carry out consultations with local people and the opportunity for feasibility studies
  • To develop a community business idea, that the community wants and needs.

Community support provider Locality is delivering Bright Ideas on behalf of Power to Change in partnership with Co-operatives UK, the Plunkett Foundation and Groundwork UK.

Eligible business projects will be:

  • Locally rooted
  • Accountable to the local community
  • Trading for the benefit of the local community
  • Delivering broad community benefit

This Round closes on Tuesday 9th April 2019.

Interested communities can now read the Guidance and Register for a FAQs webinar with a live Q&A to be held at 11am – 12pm on Wednesday 13 March 2019.

There will be additional funding rounds in:

  • August – September 2019,
  • February 2020 – April 2020,
  • August – September 2020,
  • February 2021 – March 2021.

https://mycommunity.org.uk/funding-options/bright-ideas-fund/