The Leicester Business Festival CiC (LBF CiC) has overarching responsibility for delivering the Business Festival and is keen that its impact can reach into local communities as well as local business. The Community Impact programme has been established to achieve this and will be managed by Embark CSR in collaboration with Voluntary Action LeicesterShire and Leicester City Council.
What’s it all about?
The CIP encourages voluntary, community and social enterprise organisations to propose project ideas that will be of benefit to their local community or their service users.
Following the submission of an application form to Embark CSR, an evaluation panel will select four projects to form part of the programme for 2022/23. Bids will be for a value of up to £25,000, but unincorporated groups can’t go over 5k. The four winners will be announced at this year’s Leicester Giving Day Gala Evening on the 18th November. Once selected as part of the programme, the successful applicants will be supported to achieve the income target to deliver the project.
Embark CSR will work with the four projects and advocate on their behalf to local businesses, who will be invited to assist the projects financially. Embark will also help winners to submit funding applications to charitable Trusts and Foundations. The four projects will also go onto the City Mayor’s CrowdFund Leicester platform. The project that is able to raise the most income before the 2023 festival will win a prize of £2,000.
The programme is open to all voluntary, community and social enterprise organisations in Leicester and Leicestershire.
The four successful community applicants will be invited to attend the Leicester Business Festival Gala Evening on the evening of the 18th November.
This is an innovative approach to project development and fundraising, and the proposed target outcome is not guaranteed. However, Embark CSR and LBF CiC believe they have the contacts and resources to support applicants to achieve the proposed financial target.
Who can apply?
The following types of organisation can apply to the CIP:
- Registered charities
- Unincorporated associations / community organisations
- Companies limited by guarantee that are not for profit
- Community Interest Companies
Individuals or ‘for profit’ businesses are not eligible.
What types of bids are we looking for?
LBF CiC is keen to ensure that all projects submitted can provide support and assistance to those most in need, or can create a positive solution to address an issue of local concern.
We do not want to be prescriptive about the types of projects that could be submitted, this will be down to individual applicants, but some examples of projects are:
- Help for children and young people in difficult circumstances
- Help for vulnerable adults facing social isolation
- Help for adults who might be facing some sort of crisis
- Help to clean up a grot spot that can benefit members of the local community
- An environmental regeneration project
- Help for organisations caring for animals
- Purchase of equipment or minor modifications to buildings to improve access or to create new activities
Applications should also be able to demonstrate which local community or community of interest they are aiming to serve.
However, all projects will be asked to demonstrate they will be capable of meeting their aims and objectives with a sum of no more than £25,000.
Projects can start once the target income is raised.
If you require help or assistance with your application, please contact Chris Shaw or Stacey Wragg at Embark CSR initially via email info@embarkcsr.co.uk
Criteria for Assessment
The following criteria will be used by the programme evaluation panel to assess the applications:
- Does the application meet a clearly identified community need?
- Will there be a clear benefit arising from the project for members of a local community or a community of interest?
- Are project outcomes clear? NB: an outcome is a change or series of changes brought about by a defined action.
- Are the arrangements for delivery feasible and manageable?
- Is the proposed timetable realistic?
- Does the applicant propose an effective means of measuring project outcomes?
- Is the budget well-articulated and does it represent value for money?
- Is the project likely to attract support from the business community and other funding sources?