Power to Change Trust

• The trust ran an initial grants programme (now closed^[4]) that awarded £8 million of grant funding to community businesses.^[5]
• £2m has been invested into two blended funding pilots, where non-repayable grant funding is used to unlock appropriate repayable finance. These pilots are hoped to release around £6m of investment that community businesses wouldn't be able to access otherwise.
• In March 2016 the trust launched a £1 million match funding pilot with the Community Shares Unit which will be used to boost the investment that community businesses raise through community share offers.^[6]
• Applications for its £10 million Community Business Fund will be accepted from April 2016, awarding grants between £50,000- £300,000. Howe
• In partnership with the Department for Communities and Local Government, Power to Change set up a £3.62 million community pub business support programme in March 2016.^[7] This will be delivered by the Plunkett Foundation.
• Inception funds for earlier stage community businesses opened in 2016.^[8]
• The Power to Change Research Institute was set up with a £7.5 million budget as part of the trust's commitment to building a strong evidence base for the positive impact of community business. It released its first report on the size of the community business market in March 2016.^[9]

The organisation is governed by a board of 11 trustees,^[10] chaired by Tony Burton who took over from Stephen Howard in January 2023. Its chief executive is Tim Davies-Pugh. The trust has offices in London, Bristol and Sheffield.