The Community Business Fund is now open for applications, awarding grants of between £50,000 and £300,000. Through the Fund, Power to Change aim to help many more inspiring, locally-based and community-led businesses.
The fund is designed to support existing community businesses with grants to help them progress towards self-sufficiency. This could be through increasing trading income, securing an asset or significantly reducing revenue costs.
Funding can be provided for:
- Capital costs including building, vehicles, equipment of significant value, refurbishment costs
- Project-specific revenue costs like staff costs, professional fees, volunteer costs