Power to Change has launched the Community Business Renewal Initiative, in response to the COVID-19 crisis and the £3million Community Business Renewal Fund is part of this support package for the community business sector.
The Community Business Renewal Fund provides grants of between £10,000 and £20,000 to community businesses in England affected by the Covid-19 crisis to adapt, renew and rebuild their business so they can remain financially viable. The fund is aimed at organisations delivering services in their local community to support those who have been most affected by the Covid-19 crisis. The main priority support areas for the fund include: areas of England facing high levels of deprivation, organisations supporting and led by disabled people and Black, Asian and Minority Ethnic (BAME)-led or BAME-supporting businesses.
The Community Business Renewal Fund will have three application rounds.
- Round One – Tuesday 3 November 2020, 10am-1pm
- Round Two – Tuesday 12 January 2021, 10am-1pm
- Round Three – Tuesday 2 March 2021, 10am-1pm
Find out more on the Power to Change website, and register for a free webinar on Tuesday 20 October at 1pm, where you will be able to find out more about the fund and whether it is right for your organisation. There will also be an opportunity to ask questions live after the presentation.