Sustainable Funding Project renews call for diversified income
Voluntary and community organisations need to take action and diversify their income, according to the Sustainable Funding Project.
The Project, based at the NCVO, is launching phase three of its programme which will seek to enable organisations to understand sustainable funding as a process with a paricular focus on helping organisations think about ways to generate funds by earning income through contractual work and trading goods and services.
Over the last six years, the SFP has raised awareness of the benefits of developing a sustainable funding mix. Phase three will offer: workshops across England; specifically designed tools and information to build capacity and capability of infrastructure agencies; a newsletter to alert people to issues and opportunities; and the Only Connect scheme, a small bursary sponsored by Triodos Bank which enables voluntary and community organisations to visit and learn from others with a proven track record in generating income from trading goods and services.
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The project will be structured on a national and regional basis with 15 key infrastructure agencies acting as ‘sustainable champions’ to provide support and cascade messages and tools on sustainability at local and regional level.