The Community Business Fund is now open for applications! Through this fund we make grant awards of between £50,000 and £300,000.
As a funder we are interested to know how you would define the impact areas in which you work.
These are the impact areas that are of interest to us:
1. Reduce social isolation
2. Improve health and wellbeing
3. Increase employability
4. Create better access to basic services
5. Improve local environment
6. Enable greater community cohesion
7. Foster greater community pride and empowerment.
The Community Business Fund will provide successful organisations with funding towards:
⊲ Capital costs including building, vehicles, equipment of significant value, refurbishment costs. For building projects, you will either need to own or be taking on ownership of the building or have a long lease in proportion to
the amount of grant you are requesting. For the largest grants, this would need to be 25 years or more.
We expect there to be disability access if we are funding building-related capital costs. You may wish to include revenue costs for advice from an accredited access consultant if you are planning a large building project. You can find an accredited consultant on www.nrac.org.uk
⊲ Project-specific revenue costs like staff costs, professional fees, volunteer costs. We are unlikely to fund projects which are asking only to cover the cost of staff salaries unless you are able to clearly demonstrate how
this will help your organisation transform its trading position and how you will continue to fund these salary costs at the end of the grant period.