Funding Round for New Community Businesses Opening Soon (England)

The Community Business Bright Ideas Fund, which supports aspiring community groups in England wanting to set up new community businesses has re-opened for applications.

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 will close for applications on the 31st July. Interested communities can now read the Guidance and Register for a FAQs webinar with a live Q&A.

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

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