Round 2 of the Foundational Economy Innovation Fund Launched!

Aims/priorities: The fund is providing grants for businesses and organisations working in Greater Manchester’s foundational economy - including the health and social care, early education and childcare, and the local high street (retail, hospitality, culture, leisure and tourism) sectors - to trial new ideas and become more resilient. Initial grants of up to £11,000 are available.

Eligible projects can be delivered in one or more of the ten local authority areas in Greater Manchester: Bolton, Bury, Manchester, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford, and Wigan.

Who can apply? Any individual, or legally constituted organisation can apply, including organisations from across the public, private, and voluntary, community, faith, and social enterprise (VCSFE) sectors. 

The GMCA encourage individuals and organisations to apply in collaboration to deliver projects. However, we stipulate that one individual or organisation acts as the ‘lead applicant’ and takes on responsibility and liability for the project, with other involved organisations acting as ‘delivery partners’. 

The GMCA are interested in applications from individuals, businesses, and organisations working in, or supporting, the Foundational Economy, as well as innovators and inventors who have developed or are developing solutions which could be applied within the Foundational Economy.

Grant amount: Up to £11,000.

Application process: Here’s a quick guide to help potential applicants decide whether the fund is right for them.

Applicants will need to complete the Application Form.

Join us next week for an event where you can learn more about the fund. Don't miss this chance to discover how you can benefit from the available funding and contribute to Greater Manchester's foundational economy.

Register for our virtual Meet the Funder Event (external website) on Tuesday 15 April, 10am to 11am.

Deadline: Applications must be submitted on Tuesday 13 May 23:59 and the GMCA will not accept late applications.

Contact information: Email: gmcaeconomy@greatermanchester-ca.gov.uk

Website: Foundational Economy Innovation Fund - Greater Manchester Combined Authority