Community Business ReBoost Fund

Aims/priorities: 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 funding is intended to support community businesses to raise community shares capital that can support their recovery, pivot or expand the business in response to coronavirus/COVID-19. 

Who can apply? Support is available to community businesses for projects that have a charitable purpose and are for the public benefit. The programme is aimed at existing community businesses in England. Power to Change defines community business as having the following key features:

  • Locally rooted.
  • Trading for the benefit of the local community
  • Broad community impact.

To be eligible to issue a community share offer, applicants must be incorporated as one of the following:

  • Community benefit society.
  • Co-operative society.
  • Charitable community benefit society.

Grant amount: 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.

Application process: The guidance notes can be found on the Power to Change website on the Community Shares Booster Programme webpage. There is a two-stage application process:

  • The first stage is to complete the online expression of interest (EOI). This can be done at any time. Applicants will initially receive a phone call to discuss their EOI and pathway choice. EOIs will then be assessed and applicants will be notified of the result within two weeks.
  • Those who are successful will be invited to fill out a full online application.

Deadline: The deadlines for applications are:

  • 2 December 2020
  • 6 January 2021
  • 3 February 2021

Contact information: Community Shares Unit - Te 0161 214 1762, Email

Website address:

£1000.01 to £10,000
Charitable Company
Social Enterprise
Funding Theme: 
Covid 19
Unpublish Date: 
Wednesday, 3 February, 2021