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More bursaries for charities exploring potential of trading goods or services

Howard Lake | 25 April 2006 | News

VCO’s are being encouraged to explore the opportunities for trading goods and services as an independent, sustainable source of income through an initiative run by the NCVO Sustainable Funding Project (SFP).

Only Connect is a small bursary scheme, sponsored by Triodos Bank. It enables voluntary and community organisations to visit another organisation with a proven track record in making money from trading. NCVO is now encouraging more charities and voluntary organisations to join the scheme, and aims to award ten bursaries every three months, in three-month periods until November 2006. The current period for applications closes on 05 May 2006.

VCOs must source an 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.

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