Power to Change Funding
Available to Support Social Businesses Raise Finance through Community Share Issues (England)
Deadline: 30th May 2025 Power to Change, a charitable trust supporting community businesses in England, is offering funding through its Community Shares Booster Fund.
This initiative aims to assist both new and existing community businesses at various stages of issuing community shares. The fund provides support through several streams:
• Pre-grant support: early-stage assistance to kickstart projects,
• Development grants: ranging from £2,000 to £15,000 (average £5,000) for share offer preparation, covering financial planning, governance support, marketing costs, and Community Shares Standard Mark assessment,
• Equity match investment: typically from £2,000 and £15,000 (average £5,000 for share offer preparation, covering financial planning, governance support, marketing costs, and Community Shares Standard Mark assessment,
• Subscription underwriting: Co-operative and Community Finance (CCF) offers interest-free repayable loans for instalment-based share purchases over 12 months, with the society receiving full upfront investment,
• Loan finance: Power to Change facilitates access to loan finance from Co-operative and Community Finance through Booster Fund applications. T
he fund prioritises disadvantaged and underrepresented communities. It aims to empower local businesses that meet the critical needs of their communities by providing flexible financial solutions that enable community ownership and sustainable development.
More information at: https://tinyurl.com/5t3xajm9