Tag Archive for: business models

Plunkett/Community Business/ March 2025

Grants available:  up to £45k

District: Cambridgeshire

Application deadlines: Rolling

Who is the funding for: communities wishing to develop community business models

Link:https://plunkett.co.uk/cambridgeshire-and-peterborough-combined-authority-area-partner-with-plunkett-to-help-communities-save-community-assets-in-their-area/

About

Cambridgeshire and Peterborough Combined Authority has commissioned Plunkett UK to help community groups across the region take ownership and operation of local assets, such as pubs, shops, cafés and other community buildings, that are vacant or at risk of closure, or to bring new services to a locale, through community-ownership. Funding is enabling Plunkett to identify viable projects and deliver a dedicated community support package to community groups across Cambridgeshire, with a focus on revitalising assets in market towns and rural hinterlands. The community business model is being used to create community hubs that could include retail, cafés, meeting rooms, co-working facilities, allotments, and accessible green spaces, among others.

Through the program groups in the area exploring community-owned businesses can access:

  • Packages of free business support with expert advisers looking at a range of topics from governance, and business planning to raising funds
  • Small grants of up to £5,000 to cover costs of starting a new community business, including the cost of forming a Community Benefit Society, property valuations and surveys, legal fees and architect fees
  • Large grants of up to £45,000 to groups who can demonstrate strong, feasible plans and the ability to get money from other funding agencies and community partners. This capital grant will pay for costs such as purchase and refurbishment

Who Can Apply

For communities wanting more information about the support and grants available in the market towns and rural hinterlands of Cambridgeshire and Peterborough Combined Authority, please visit www.plunkett.co.uk, call us on 01993 630 022, or email info@plunkett.co.uk