Community businesses across England can now apply for a learning programme and a grant of up to £10,000, to support their growth and increase the difference they make to their local area.
The Community Business Trade Up Programme, run by the School for Social Entrepreneurs (SSE), in partnership with Power to Change, is open for applications until Thursday 14th February 2019. This is the third year the programme has run.
The programme supports the leaders of community businesses with:
· a Match Trading™ grant of up to £10,000
· a fully funded nine-month learning programme (consisting of 12 learning days)
· a community of supportive peers
The Match Trading grant, created by SSE, is a new type of grant-funding that pound-for-pound matches an increase in income from trading. By rewarding sales growth, Match Trading incentivises social organisations to develop their trading base, so they can build stronger futures.
The learning programme will help the leaders of community businesses to develop the skills, strengths and networks they need to increase their impact, with a focus on increasing their sales and income from trading.
Alastair Wilson, CEO of School for Social Entrepreneurs, said: “We’re delighted to partner with Power to Change for a third year, so we can jointly support a further 80 community business in England to grow. Community businesses strengthen local economies and enrich the fabric of society. But running them can be challenging. We’ll help community business leaders develop the skills, strengths and networks they need to improve their sustainability and impact, with the support of Match Trading grants and a learning approach we’ve refined over 21 years.”
Jenny Sansom, programmes manager at Power to Change said: “This programme will give a really important step up for relatively new community businesses and help them to focus on their trading activities and long-term sustainability. The first cohort of this kind of funding enjoyed a 92% increase in trading, which is a huge impact. I’m delighted to be opening up this programme for a new group of community businesses in 2019.”
The Community Business Trade Up programme has already supported 130 community business leaders through its first two phases, in 2017 and 2018.
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