Community Shares Booster Fund
The Community Shares Booster Fund is provided by Power to Change and Architectural Heritage Fund and delivered in partnership with and delivered in partnership with Coops UK, Locality, Plunkett Foundation and Co-operative and Community Finance.
The Community Shares Booster Fund is provided by Power to Change and Architectural Heritage Fund and delivered in partnership with and delivered in partnership with Coops UK, Locality, Plunkett Foundation and Co-operative and Community Finance.
The Booster Fund which relaunched recently now offers the following support to community businesses based in England:
- Pre-grant support: A few days support for early-stage activity to get started
- Development grants of between £2,000 and £10,000
- Equity match investment ranging from £10,000 to £100,000, although the typical investment is expected to be £20,000 to £50,000
- Subscription underwriting: If affordability is an issue for community investors, Co-operative and Community Finance (CCF) can offer an interest-free repayable loan
- Loan finance: may be available from Co-operative and Community Finance (CCF).
Successful applicants will also get free membership of Co-operatives UK for a year.
New and existing community businesses may apply. Priority will be given to:
- Disadvantaged, less affluent and under-represented communities, particularly minoritised ethnicities, young people and communities facing systemic inequality.
- Projects that meet critical needs of their communities. There is particular interest in project that address climate change issues and digital inclusion.
Applications are accepted on a rolling basis.