Skip to main content
A collaboration between Co-operatives UK, Power to Change and the Mayor of London
Boosting community business London – application guidance

How we make decisions

Track 1: Business development support applications

  • All final decisions relating to applications to the Boosting Community Business London programme for business development support and grants are made by our assessment panel. 
  • Applications are appraised by the panel, hosted by Co‑operatives UK. 
  • The first panel was hosted at the end of February 2021. 
  • Appraisal criteria is against key eligibility criteria for community businesses.

Assessment was also based on the:

  •     Viability and sustainability of the business model.
  •     Social impact of the community business.

Track 2: Development grant applications

  • All final decisions relating to applications to the Boosting Community Business London programme for business development support and grants are made by our assessment panel. 
  • Applications will be appraised by the panel, hosted by Co‑operatives UK. 
  • The first panel will be hosted in mid June.
  • Appraisal criteria will be against key eligibility criteria for community businesses and registered as a society:

Assessment will also be based on the:

  •     Viability and sustainability of the business model.
  •     Social impact of the community business.

Applications will also be assessed on:

  •     How their grant request meets their expected plans.
  •     Whether financial forecasts and business plans are robust.
  •     Relative deprivation of target community.
  •     Willingness to engage with the programme and comply with best practice standards.
  •     Availability of alternative sources of development finance, equity or loan.