5.3 How we assess applications and make decisions
All final decisions relating to applications to the Booster Programme will be made by an Investment Panel, concerning both grants and equity investments.
The decisions made by the Investment Panel will be guided by the following:
- Eligibility considerations – identified during the Expression of Interest stage
- Performance against the Booster Investment Framework – identified during the Full Application Stage and through calls and visits by the Investment Panel
If your application is successful, you will receive an offer letter detailing the terms and conditions of our offer, as well as information about the next steps. If you are unsuccessful, you will receive an email with a small amount of feedback on your application and the reasons why you were unsuccessful. We may signpost you to other relevant support and funding opportunities. There is no right of appeal against our decisions. However, unsuccessful applicants are invited to submit new applications.
The Investment Panel will be made up of representatives of Co-operatives UK, Power to Change, Locality and an independent market expert, with a representative from the Community Shares Unit providing strategic advice. Decisions will be made to comply with Co-operatives UK Governance requirements and Power to Change conditions of grant.