About the Fund
Community businesses are profit generating organisations, run by and trading for the benefit of local people. They cover everything from food growing hubs and leisure centres, to education spaces and pubs.
Community businesses are proven to bring resilience, stability and economic benefits to local places and high streets – 56p of every pound spent in a community business stays in the local community.
Boosting Community Business London is a new pilot scheme to grow high streets and civic centres.
Delivered by community business champions Power to Change and Cooperatives UK and supported by the Mayor of London, the new fund will help local groups to set up and grow a community business. It will also support existing community businesses looking to run a community share offer.
The fund will empower local people to establish socially trading businesses and services that their local communities want and need.
Please click here for more details.