Funding available from Future Journeys

Funding available from Future Journeys

10 Feb, 2020

Future Journeys is a support programme from the HCT group for community transport organisations, including community rail partnerships. that think a bit differently. It’s a combination of practical support, development funding and investment to help organisations to become more effective as social enterprises.

HCT Group is the world’s leading transport social enterprise, safely providing over 30 million passenger trips on our buses every year and making a real difference to communities. As part of this drive to make a difference, they also work with communities outside their own operating area to improve transport.

 

Who is it for?

Community Rail Partnerships have a unique opportunity to do things differently. This is a sector buzzing with ideas and a desire to make a difference in new ways. Future Journeys is here to help you to develop new local transport links.

Support is available for initiatives that are both enterprising and focused on improving people’s lives through better transport. Get in touch to talk through your ideas.

 

What’s involved?

Future Journeys combines practical support from HCT Group and funding provided by the Esmée Fairbairn Foundation and the Foundation for Integrated Transport. The idea is to support a specific project or process that helps community transport organisations to develop and become more commercially sustainable. Support comes as a package combining three strands.

Advice and support: During each stage of the programme, participants will be able to draw on the commercial and operational expertise of HCT Group, a leading social enterprise and the UK’s largest community transport organisation, as well as becoming part of a network of like-minded organisations pursuing similar ideas across the country.

Development Grant: Getting a new commercial activity ready takes time and space. There are small grants of up to £15,000 available for specific work needed to improve preparedness.

Working capital: New ventures require investment, so the programme includes an unsecured, below market-rate loan of between £10,000 and £50,000 to get your commercial project underway. 

 

How do I get started?

There is no formal application process for Future Journeys. Instead, we will help you to write a business plan for your new initiative. This is an important stage in the process of helping your idea to be successful. The best way to start is to write your ideas down on a page, and then to break them down into the key activities. From there, you can work together to flesh out your ideas into a plan, and to it attach a financial plan that stacks up.

If you have an idea that Future Journeys can help with, contact Martin Clarke: martinclarke@hctgroup.org.

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