Bright Ideas Fund

Round 2 closes on 31 May at 23:59.

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.

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.

Watch some case studies to hear some community business ideas.

What the Bright Ideas Fund offers

  • Online induction and ongoing support, either online, by phone or where possible through visits
  • Community Business development plans, to help successful groups shape and develop strategies and plans for their community business
  • Mentoring and visits, to inspire applicants and give them the opportunity to learn from peers
  • Regional networking and events, to learn from social finance experts, successful community business leaders, funders and technical specialists.

Register for the Bright Ideas Fund webinar

On 11 April, Power to Change and Locality hosted a webinar for those who are keen to find out more about the fund criteria, application process and FAQs.

You can listen again to this webinar here.

Future rounds

19 April 2017: Second window opens

31 May 2017 (at 23:59hrs): Second window closes

September 2017: Third window opens

February 2018: Fourth window opens

Bright Ideas Fund Guidance Notes

Please read the Guidance Notes thoroughly before completing the Eligibility Checker to apply.

Bright Ideas Fund Guidance Notes

Apply

Complete the Eligibility Checker

The first step in the application process is to complete the Eligibility Checker survey.

Once you’ve met the initial criteria, you will be sent an Application letter with your unique URL to your nominated email address at midnight on the day of completing the Eligibility Checker.

If you are unsuccessful in the completing the Eligibility Checker, you will receive an instant response with why you have not met the initial criteria for the fund.

Completing the Application Form

Once you’ve received Application letter with your unique URL, you can complete the Application Form within one month. After one month, your link will expire and you will need to complete the Eligibility Checker again.

Final date for Eligibility Checker

The final date for submitting to the Eligibility Checker is 31 May 2017 at 23:59.

Click here to complete the Eligibility Checker

Frequently asked questions

Got a question? Or haven’t received an email to complete your application?

You can find the answer here in some of the most frequently asked by applicants to the Bright Ideas Fund.

FAQs - Bright Ideas Fund