Are you a community with a bright idea for a business that could transform your local area? 
The Bright Ideas Fund supports new community business ideas through the start up and planning stages with tailored business support, to the implementation stage with grants of up to £15,000.
The Bright Ideas Fund is funded by Power to Change, the independent trust supporting community businesses in England, and delivered by Locality, the national network for community organisations.
The fourth round will open on 26 June and close on 31 July.
The Community Business Bright Ideas Fund aims to give your community group the support and tools to start setting up your community business. It will also give your group the early stage finance that you need to carry out consultation with local people and feasibility studies to develop a community business idea the community wants and needs.
A community business is set up and led by local people to look after what matters to them. Any profits flow back into the business to deliver positive local impact.
What the Bright Ideas Fund offers:
• Online induction and ongoing support, either online, by phone or where possible through visits
• Community Business development plans, to help successful groups shape and develop strategies and plans for their community business
• Mentoring and visits, to inspire applicants and give them the opportunity to learn from peers
• Regional networking and events, to learn from social finance experts, successful community business leaders, funders and technical specialists
For further information and to apply, visit: https://mycommunity.org.uk/funding-options/bright-ideas-fund/