Bright Ideas Fund
Round 3 opens in late 2017
Round 2 applicants: Due to the high volume of applications and purdah during the election, decisions on applications have been delayed. Notifications on applications will be sent out shortly.
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, or hear from Claire Mappin at the Burton Street Foundation in Sheffield talk about their community business and how it benefits the people of Hillsborough.
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.
Future round dates
Late 2017: Third window opens
February 2018: Fourth window opens
Bright Ideas Fund Guidance Notes
Please read the Guidance Notes thoroughly before applying.
Please note: Round 3 opens in September 2017.Bright Ideas Fund Guidance Notes
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