Round two of the Community Business Bright Ideas Fund is now open!
The Community Business Bright Ideas Fund aims to give your community group the support and tools to start setting up your community business. It will also give your group the early stage finance that you need need to carry out consultation with local people and feasibility studies to develop a community business idea the community wants and needs.
A community business is set up and led by local people to look after what matters to them. Any profits flow back into the business to deliver positive local impact.
Round two applications will be accepted until the 31 May 2017 from organisations in England only.
There will be additional funding rounds in September 2017 and February 2018.
The Bright Ideas Fund offers:
- Online induction and ongoing support, either online, by phone or where possible through visits
- Community Business development plans, to help successful groups shape and develop strategies and plans for their community business
- Mentoring and visits, to inspire applicants and give them the opportunity to learn from peers
- Regional networking and events, to learn from social finance experts, successful community business leaders, funders and technical specialists.