Final round of the Bright Ideas Fund now open

Your community group can now apply for support and tools to set up a community business. Deadline for applications 5pm on 1 December.

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.

My Community - Locality's aim is to help organisations explore a project idea; start up a community business, and attract other funding.

Bright Ideas will provide successful organisations with:

1. Business development support:

Up to 12 days of business development support from Locality, Plunkett Foundation, or Co-operatives UK.

2. Learning, events and peer networking:

The opportunity to learn from existing community businesses, through visits and events

3.Grant funding:

The opportunity to apply for a grant of up to £15,000 to develop your idea and/or improve your organisation’s capability, depending on your needs.

There is one significant change to the eligibility criteria:

  • “The community organisation applying must not have been constituted for more than five years at the time of making an application. This is to ensure that we are considering new groups only.”​

What is a community business?

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.

More information and how to apply can be found here.

Date: 
09/11/2017 - 01/12/2017
Contact Name: 
Bright Ideas Fund
Contact Email: 
online application