Bright Ideas Fund

Key dates

Round 2 opens on 19 April 2017

Guidance Notes available: 3 April 2017
Bright Ideas webinar: 11 April 2017 – register here
Round 2 closes: 31 May 2017 (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 will be hosting a webinar for those who are keen to find out more about the fund criteria, application process and FAQs. You can register here.

Future rounds

19 April 2017: Second window opens

31 May 2017: Second window closes

September 2017: Third window opens

February 2018: Fourth window opens

Bright Ideas Fund Guidance Notes

The Bright Ideas Fund Guidance Notes are currently being updated to reflect changes to the fund for Round 2.

These notes will be available for download on 3 April 2017.

Bright Ideas Fund Guidance Notes

Frequently asked questions

Got a question? Here are some of the most frequently asked by applicants to the Bright Ideas Fund.

FAQs - Bright Ideas Fund