# Match Trading grants provide significant income boost for charities

- Link: https://fundraising.co.uk/2020/01/29/match-trading-grants-provide-significant-income-boost-for-charities/
- Published: 2020-01-29T08:00:39+00:00
- Author: Melanie May

**Match Trading, a type of grant funding that matches an increase in income from
trading pound-for-pound, is providing a financial boost for charities, according
to the School for Social Entrepreneurs.**

Match Trading grants were created by [The School for Social Entrepreneurs](https://www.the-sse.org/)(
SSE), and incentivise social organisations to develop their trading base by rewarding
sales growth. Launched in 2017, so far they have been awarded to 500 voluntary, 
community and social enterprise organisations as part of SSE learning programmes.
Match Trading is being developed by the [Match Trading Task Force](https://www.matchtrading.com/),
whose members represent 20+ leading organisations from the social and private sectors.

Research based on 143 voluntary, community and social enterprise organisations that
each took part in one of two national learning programmes run by the SSE show that
they typically increased their income from trading by £17,000 – an uplift of 64%–
compared with their income from trading in the previous year (calculated by the 
median). They were incentivised by a Match Trading grant capped at either £4,000
or £10,000, and a learning programme from the SSE.

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The organisations outperformed a control group of 30 community businesses that received
a traditional grant of £10,000, as well as a learning programme, increasing their
income from trading at 2.5 times the pace of those supported by a traditional grant.
The control group typically increased their trading income by £6,453 – or 21% – 
compared to the previous year.

Overall, the combined increase in income from trading among the 143 organisations
was £5.5 million over a one-year period.

The organisations either took part in the [Community Business Trade Up Programme](https://www.the-sse.org/courses/community-business/),
run in partnership with Power to Change; or the [Lloyds Bank & Bank of Scotland Social Entrepreneurs Programme](https://www.the-sse.org/our-courses/programmes/lbsep/),
jointly funded by the National Lottery Community Fund. The programmes were delivered
across the UK by the SSE’s network of regional schools and give students access 
to a learning programme, a grant and a peer-to-peer support network.

#### Community Business Trade Up Programme

The Community Business Trade Up Programme is a nine-month learning programme accompanied
by a grant or Match Trading grant of up to £10,000 for early-stage community businesses
that are planning to grow. The programme has supported over 200 community businesses
so far and is now in its fifth year. It includes 12 learning days, a mentor and 
support from a network of peers. It re-opens for applications in autumn 2020.

#### Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme

The Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme is a 12-month
learning programme run in partnership with SSE and jointly funded by The National
Lottery Community Fund. It has three levels at Start Up, Trade Up and Scale Up. 
At Trade Up and Scale Up level it is accompanied by a Match Trading grant of up 
to £4,000 or £7,000 for social enterprises looking to increase their trading and
impact, or to scale.

The programme provides an action-based, 12-month learning programme, delivered through
SSE’s network of schools in England and Scotland, a grant, and a mentor from Lloyds
Banking Group. Launched in 2012, the programme will run for 10 years, and has supported
almost 2,000 social entrepreneurs. This programme will re-open for applications 
in March 2020.

Carol Mack, CEO of the Association of Charitable Foundations and chair of the Match
Trading Task Force said:

> “These latest figures are incredibly encouraging for the future potential of Match
> Trading grants. Our aim is to help support stronger and more viable voluntary,
> community and social enterprise organisations, capable of achieving truly sustained
> impact.”

Alastair Wilson, CEO of the School for Social Entrepreneurs, added:

> “Match Trading grants work best when they form part of a learning programme. The
> supportive environment helps develop the entrepreneur’s skills, confidence and
> an entrepreneurial mind-set, whilst the Match Trading grant empowers and incentivises
> the organisation to upscale their trading potential.
> “The Match Trading grant is not a magic bullet and should be viewed as one way
> of helping organisations become less grant dependent. Social enterprises need 
> a range of income sources, from funding to trading, depending on their business
> model, stage of growth and sustainability plan.”

The SSE is keen to partner more other private, public and charitable organisations
interested in trying Match Trading grants for the organisations they support, and
invites them to email ma**********@*****rg.uk to get connected.

 * **[Irish investment industry makes €500,000 donation](https://fundraising.co.uk/2020/02/11/irish-investment-industry-makes-e500000-donation/)**(
   11 February 2020)
 * **[Kensington + Chelsea Foundation secures £150k match funding for Covid-19 appeal](https://fundraising.co.uk/2020/04/14/kensington-chelsea-foundation-secures-150k-match-funding-for-covid-19-appeal/)**(
   14 April 2020)
 * **[The Childhood Trust seeks charities to join matched fundraising campaign](https://fundraising.co.uk/2020/04/15/the-childhood-trust-seeks-charities-to-join-matched-fundraising-campaign/)**(
   15 April 2020)

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