What is it about?
This session will delve into the importance of diversifying income streams for social enterprises to ensure sustainability and growth. With a focus on reducing reliance on grants and donations, participants will explore various revenue models, including trading income, social investment, corporate sponsorships, and crowdfunding. The session will guide social enterprises in identifying opportunities within their existing activities and assets to unlock new financial potential while staying true to their social mission.
Who is it for?
This session is designed for social entrepreneurs, community interest companies (CICs), trading charities, and other social-purpose organisations looking to secure financial resilience. Whether you are in the early stages of growth or seeking to scale your enterprise, this workshop will provide actionable strategies to diversify your income base.
Learning Outcomes:
By the end of the session, participants will:
- Understand the various income streams available to social enterprises and the pros and cons of each.
- Learn how to align income generation with their social purpose without compromising their mission.
- Gain practical insights into planning and funding their growth journey, with a roadmap to sustainable development.
- Identify opportunities within their organisation to leverage trading income, partnerships, and other unrestricted income streams to drive long-term impact.
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