Power to Change opens Community Business Fund Round 8 with cash grants worth between £50,000 and £300,000 for community businesses across England. 

From farms to libraries, canal moorings to cinemas, the Community Business Fund supports a wide range of businesses that deliver positive social impact. To date, the fund has given grants worth over £26m to more than 140 community businesses across England. But the South East has secured the lowest amount of this cash so it’s time to put in the bids!

Alex Steeland, Programme Manager at Power to Change, said: “The Community Business Fund is designed to support existing community businesses to become more financially sustainable.” 

Ways of achieving this could be through increasing trading income, securing an asset like a building, or reducing costs. In previous rounds grants have covered refurbishment, vehicles, equipment, staff costs and professional fees. 

He adds that: “We’re really keen to help with applications, so we’ve organised webinars and a helpline to help give people the best chance of success.”

The fund will open on 11 September 2019 and community businesses will have until midday on 9 October 2019 to apply. Organisations are encouraged to read the guidance and FAQs for the fund on their website before making an application. Grant awards will be made to the successful organisations from January 2020.

Power to Change will host a webinar on 12 September 2019 to give hopeful applicants an overview of the fund and its eligibility criteria. This is also a great opportunity for community businesses to ask any questions they might have about the application process. 

For more information contact UMi, Power to Change’s grant administration partner either by phone 0300 1240444 or via email [email protected]. Or go to www.powertochange.org.uk

To register for the webinar go to https://register.gotowebinar.com/register/

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