NCVO again offers funding to help explore income generation ideas
Howard Lake | 10 April 2005 | News
Applications can now be submitted for the second round of the Only Connect Scheme at NCVO’s Sustainable Funding Project sponsored by Triodos Bank.
Voluntary sector organisations are being offered up to £150 to meet one another and explore ideas around income generation in a fun and practical way, through an initiative run by the National Council for Voluntary Organisations’ (NCVO) Sustainable Funding Project.
Only Connect is a small bursary scheme, sponsored by Charity banking specialists Triodos Bank. It enables voluntary and community organisations to visit another organisation with a proven track record in making money from trading.
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NCVO is now encouraging more charities and voluntary organisations to join the scheme, and aims to award five bursaries every three months, in three-month periods until November 2006. The next period is now open for applications, and closes on 6 May 2005.
Voluntary organisations in the UK are earning more of their income from selling goods and services than ever before. The sector earned £8.9 billion of its total income from fees for goods and services in 2001/02.
To apply for the scheme, complete the application form, which can be downloaded from the Sustainable Funding Project’s website, and outline why connecting with another organisation could increase your organisation’s income through trading goods and services.
Visiting organisations must source the organisation they would like to visit, and will be given up to £100 travel expenses. Organisations that agree to host the visits receive a ‘consultation fee’ of £150 for their advice and time.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.