New community shares funding pilot from the Community Shares Unit and Power to Change
The Community Shares Unit and Power to Change are pleased to introduce the recently announced Community Shares Booster Pilot Programme, which will launch this year as a match funding pilot for community share offers.
This new programme will use an initial £1m of Power to Change funding to boost the investment community businesses raise through community share offers. The pilot will support and stimulate public involvement with community share offers, particularly in more disadvantaged areas and sectors where community businesses are under-represented.
We recognise the importance in working with key partners to ensure the pilot can generate maximum value and impact to community enterprises in England. We hope to announce more details next month and will be keeping you updated on this funding opportunity through the Community Shares Unit newsletter, our websites and also on social media, so watch this space.