The Community Business Bright Ideas Fund, which supports community groups in England wanting to set up new community businesses will re-open for applications on the 1st November 2017.
Grants of up to £15,000, tailored business support as well as learning events will be 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 and to develop a community business idea, that the community wants and needs. The Community Business Bright Ideas Fund is jointly funded by Power to Change and the Department for Communities and Local Government. This is the last funding round of the Bright Ideas Fund and it is expected that 15 – 20 business ideas will be funded.
The closing date for applications will be the 1st December 2017.