Community Business Fund Due to Re-Open for Applications (England)

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Community Business Fund Due to Re-Open for Applications (England)

Power to Change, which supports community businesses, has announced that its £10 million Community Business Fund will re-open for applications on the 7th June 2017. Power to Change will be awarding grants between £50,000- £300,000 to support and develop local community businesses in England that work for the benefit of the local community. To be eligible for funding applicants need to be incorporated (rather than as a collection of individuals) and funding will be available for both capital and revenue costs. Previous projects supported include Bristol Ferry Boats who were awarded £247,875. Bristol Ferry Boats are a Community Benefit Company with 900 shareholders. As well as running commercial trips for commuters and parties boat trips are used to support the curriculum for local schools and share Bristol’s history. The funding will help purchase a new environmentally friendly boat and support a series of trainee/staff pilots from the community and discounted fares for older and vulnerable residents.

The closing date for applications will be midday on the 5th July 2017.

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