Power to Change: Community business renewal fund

The fund offers grants between £10,000 and £20,000. These grants will be unrestricted to provide community businesses flexibility in deciding how to respond to upcoming needs and opportunities, both for their business and for their community.

The fund will have three application rounds. Each round will have a short application window of 3 hours as they expect a high level of demand.

Round One – Tuesday 3 November 2020, 10am-1pm.

An unrestricted grant between £10,000 and £20,000 can be applied for to support your organisation to adapt and evolve to the changing circumstances, by providing an unrestricted grant that could be used to cover:

  • Core staffing costs
  • Contribute to meeting capital costs of adapting your community business and ensuring that your community business can continue to provide the vital support to local people

The main priority support areas for the fund include:

• Areas of England facing high levels of deprivation
• Organisations supporting and led by disabled people and Black, Asian and Minority Ethnic (BAME)-led or BAME-supporting businesses

The guidance notes can be found here.

Further details can be found here.