Between 2016 and 2018, the Bright Ideas programme was jointly funded by Power to Change and the Ministry for Housing, Communities and Local Government. It is currently fully funded by Power to Change, the independent trust supporting community businesses in England, and delivered by Locality, the national network for community organisations, in partnership with Co-operatives UK, the Plunkett Foundation and Groundwork UK.
Power to Change has committed a further £3 million to support 150 community business ideas over the next three years (2019-2021)
A package of tailored support and grants will be available for community groups and organisations in England who need support and tools in order to start setting up their community business. It will also give them the early stage finance they need to carry out consultation with local people and feasibility studies to develop a community business idea the community wants and needs.
Two funding rounds are planned for 2019. The first round will accept applications from 26 February 2019 to 9 April 2019.
A webinar will be held on 13 March 2019 (11am to 12pm). Registration is required.