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£10m fund to open in April

If you need £50,000 to £300,000 to support your community business to develop and grow then you’ll be pleased to know that the Power to Change £1om grant programme is opening a new funding round on 26th April 2016.

A few pointers:

Power to change is for community business rooted in the community with community ownership (check eligibility here) and in previous rounds it only funded 5% of applicants and more than two thirds of applications dd not meet their criteria. Funding will rarely exceed 75% of overall development costs.

Power to change is expecting this round will be highly competitive and is having further rounds in July and October. the fund expects to award relatively equal acorss each round.

Key dates to note:

  • 5 April: Full criteria will be published on the Power to Change Website the grants helpline will open to help you with your application and any questions you have about eligibility.
  • 19 April: They will host a free Q&A webinar about the programme.
  • 26 April – 1 June: First application window
  • July 2016: Second funding round opens
  • October 2016: Third funding round opens

To register your interest then click here

 

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