Support for Power to Change
A new grant-making trust is on the way aiming to encourage and support community-led enterprises. The Big Lottery Fund has awarded a contract to a consortium led by Locality, the Plunkett Foundation and UnLtd ahead of the launch of a planned £150m Power to Change fund in autumn 2014. It will support projects where the ideas and needs of local people are driving change and developing sustainable business models.
BIG hopes that the new fund will provide a springboard for communities to flourish and thrive as enterprises take charge of assets for community benefit.
Power to Change will support community-led enterprise across England. Ahead of the launch Locality, the Plunkett Foundation and UnLtd are offering expert advice, events, online learning and peer support to help inspire and support community-led enterprises. This support, which is being funded by the Big Lottery, will provide community enterprises with expertise and guidance to develop their plans but is not a guarantee of future funding from Power to Change.