What is the grant available for?
The C-19 Emergency Trading Income Support Scheme is part of Power to Change’s £12 million emergency support package to provide both immediate and medium-term help for community businesses facing a loss of trading income through COVID-19.
This first pot of funding is the C-19 Emergency Trading Income Support Scheme and is available to current and previous Power to Change grantees, and to community businesses which are members of Power to Change’s strategic partners – Co-operatives UK, Locality and the Plunkett Foundation – all of whom played a key role in designing this response.
The C-19 Emergency Trading Income Support Scheme provides emergency finance in the form of small grants to community businesses in England, as a contribution towards trading income lost as a result of COVID-19. We have dedicated £5 million to this scheme to support current and past grantees of Power to Change, and community businesses who are members of our core strategic partners Locality, Co-operatives UK, and Plunkett Foundation.
What grant amounts are available?
Community businesses accepted on to the scheme will receive a grant of up to £25,000 to contribute towards trading income lost between April to June 2020 as a result of COVID-19. The grant size will be calculated based on your trading income from April 2019 – March 2020, and will be equal to 25% of trading income for that period or £25,000 – whichever is lower.
Who provides the grant?
Power to Change
How to apply for the grant?
Power to Change
Closing Date: 31/12/2021