Grant funding and matched equity investment are available for existing community business, with charitable purpose, that are based in England to prepare a community share offer to support their recovery from coronavirus/COVID-19 pandemic.
The following support is available:
- Development grants – between £3,000 and £5,000 to prepare a recovery community share offe and be awarded the Community Shares Standard Mark. The grant should be approximately 10% of the community share offer target.
- Match equity investment – typically matching pound for pound up to £25,000 invested by the ReBoost fund. The investment is expected to support at least 12 share offers between November 2020 and April 2021.