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Community Business Crowdmatch Funding Available

6 Aug 2019 - 14:37 by michelle.foster

Are you a local group that wants to set up a community business? Do you run a community business with plans to expand? Then this could be the fund for you.

Crowdfunder and Power To Change have partnered to make your crowdfunding go further. Whatever you raise for your community business project, Power To Change will match 50% (up to £6,000). 

Eligible organisations
Must demonstrate they are running or creating a community business in England which has the following features:
• Locally rooted
• Accountable to the local community
• Trading for benefit of local community
• Broad community impact

Must demonstrate that the community business has charitable purposes at the heart of what it does. Charitable purposes can include:
• the prevention or relief of poverty;
• the advancement of education;
• the advancement of health or the saving of lives;
• the advancement of citizenship or community development;
• the advancement of the arts, culture, heritage or science;
• the advancement of environmental protection or improvement;
• the relief of those in need because of youth, age, ill-health, disability, financial hardship or other disadvantage;
• the relief of unemployment
• the promotion of urban and rural regeneration
• the promotion of social inclusion

Must demonstrate that the community business has at least one of the following impacts on the community:
• Reduce social isolation
• Improve health and wellbeing
• Increase employability
• Create better access to basic services
• Improve local environment
• Enable greater community cohesion
• Foster greater community pride and empowerment

Must demonstrate how the funding will support the community business to start up or to become more sustainable.

For further information, visit: www.crowdfunder.co.uk/funds/community-business-crowdmatch

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