Community Shares Booster Programme Re-Opens

New and existing community businesses in England that are planning to make, or have recently launched, community share offers can receive:

Development grants of up to £10,000 to help societies get investment ready and meet standards of good practice.

Match funding up to £100,000 in equity investment made on equal terms with other community shareholders, into societies that demonstrate higher than average levels of community engagement, innovation and impact.

Ongoing support and advice as an active investor in community businesses.

Applicants need to be incorporated as a community benefit society, co-operative society or charitable community benefit society and have the following key features:

Locally rooted.

Operating for the benefit of the community with broad community impact.

Accountable to the local community.

With trading at the heart of its business, for the benefit of the local community.

Applications are accepted from across England, but there is particular interest in those from the following areas, especially if they involve community businesses working together:

Bradford

Grimsby

Hartlepool

Leicester

Luton

Plymouth

Wigan

Liverpool City Region

Bristol

This is a rolling programme of support with applications accepted until December 2020.

More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news and policy. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.