If you're starting a new social enterprise or looking for financial support, you shouldn't necessarily jump straight to grant funding as a long-term plan. Here’s what I recommend instead of grant funding or crowdfunding when you’re just starting out or are looking for some support or investment within the UK.
Read MoreAll too many social enterprises start their business by applying and eventually securing grant funding. Some also try crowdfunding or asking for donations and sponsorship. I’m not opposed to any of these methods of generating income per se, however I do think there’s an issue if this is the only way new social enterprises think about how to generate income and don’t have an income strategy or business plan to generate the income they need on a sustainable business.
Read MoreUnlike many others I don’t take the standard view that grant funding is the default way to start your social enterprise. Here I share the only three times I think you might consider seeking grant funding in your social enterprise.
Read More
