Power to Change Announces £10m Community Business Fund

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Community businesses in England can apply for grants of between £50,000 and £300,000 in three funding rounds in 2016. The funding is intended to increase the social impact of the community business, and make it more viable in the long term by increasing traded income, securing an asset or reducing revenue costs.

To be eligible, projects must have a charitable purpose, be for the public benefit and share one or more of the following impact goals:

  • Reduce social isolation.
  • Improve health and wellbeing.
  • Increase employability.
  • Create better access to basic services.
  • Improve local environment.
  • Enable greater community cohesion.
  • Foster greater community pride and empowerment.

Please see website for further information;

http://www.fundingcentral.org.uk/newsview.aspx?WCU=DSCODE%3dOTSSCMLIVE%2cNEWSITEMID%3d248-N58454

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