Bright Ideas Fund

Round 3 opens on 1 November

Updated guidance notes for round 3 are downloadable here.

Keep update to date on any announcements by signing up to the My Community Digest here.



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 key dates

16 October 2017: Updated guidance notes for round 3 released

1 November 2017: Round 3 opens for applications

1 December 2017: Round 3 closes for applications

Keep update to date on any announcements by signing up to the My Community Digest here.

Bright Ideas Fund Guidance Notes (round 3)

Please read the Guidance Notes thoroughly before applying.

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