Funding
The Community Shares Booster Fund

The Community Shares Booster Fund

Community Shares

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Funding Available:
£10,000 to £100,000
Deadline:
27/11/2024

Funding Information

The Booster Fund supports new and existing community businesses in England that are at all stages of a community share issue. If you are from Scotland, Wales or Northern Ireland, find out other routes for community shares support.

This includes the very early stages of exploring whether it’s the right choice, through planning a community share issue to being ready to launch, or in exceptional cases, recently launched.

The current round of the Booster Fund will be coming to an end in early 2025, as such the deadlines for applications are:

  • 27th November (for the December panel) for equity applications and  
  • 29th January (for the February panel) for development grant applications

What funding is available?

  • Pre-grant support: A few days support for early-stage activity to get you started.
  • Development grants: We expect to award development grants of between £2,000 and £15,000, averaging around £5,000, to prepare a community share offer. This support can cover financial planning, governance support, marketing costs and being assessed for the Community Shares Standard Mark.
  • Equity match investment: Investments could range from £10,000 to £100,000, although the typical investment is expected to be £20,000-£50,000. This is an offer of investment to match money raised from the community, providing the minimum share offer target is achieved. Applications for equity match are open to community businesses that are investment ready, including those that have already launched their share offers.
  • Subscription underwriting: If you think affordability is an issue for your community investors, partner Co-operative and Community Finance (CCF) can offer you an interest-free repayable loan to enable people to buy shares through instalments over a maximum of 12 months, with the society receiving the full investment upfront.
  • Loan finance: Through a Booster Fund application, we can also help you access loan finance from partner CCF.

Downloadable Resources

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Download useful resourses
Download useful resourses

Contact Details:

Contact name:
First and Last name
Phone:
00000 000 000

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