Bounce Back Challenge Fund
The innovative Bounce Back Challenge Fund looked to engage with the business community and fund their ideas to help Bournemouth, Christchurch and Poole bounce back from the pandemic.
The Fund was a competitive process to unearth different concepts from as wide a profile as possible. It was open to all size and type of business (including charities) within the Bournemouth, Christchurch and Poole area and irrespective of whether they had received any other funding/grants.
All projects should have considered:
- helping the economy bounce back
- pride in place
Please read the Additional Restrictions Grant Scheme for full details.
How much support you will receive
The Fund had two tiers of financial award which are:
- Up to £15,000 – for smaller projects or individual business ideas
- Up to £70,000 – for larger projects which can include partnership or cross-sector working.
- businesses that were in administration, are insolvent or where a striking off notice had been made
- businesses that had exceeded the UK’s subsidy arrangements
- businesses that do not operate from a Bournemouth, Christchurch and Poole premises.
The EU State Aid rules no longer apply to subsidies granted in the UK following the end of the transition period. The United Kingdom, however, remains bound by its international commitments, including subsidy obligations set out in the Trade and Cooperation Agreement (TCA) with the EU.
We can still pay out subsidies under previously approved schemes and this includes subsidies related to COVID-19 that have been previously given under the EU State Aid Temporary Framework.
Businesses should make themselves aware of their obligations under Government’s subsidies arrangements before applying to this scheme.
Since the start of the pandemic, we've been pulling out all the stops to make sure BCP businesses and our city region as a whole emerges from the pandemic stronger than before.
To help you spot, celebrate and acknowledge businesses who are playing an important role in our areas bounce back and future growth, we've developed the BCP Futures marque.
Businesses who have successfully received a grant through the Bounce Back Challenge Fund have already been invited to proudly display this marque on their websites and when sharing important updates about their projects. Keep an eye out!