Increasingly organisations are looking at ways by which they can generate income from their activities or set up a business / trading arm to generate income. This is often called "social enterprise"
A widely accepted definition from the DTI for Social Enterprise is "A social enterprise is a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by then need to maximise profit for shareholders and owners."
Two forms of generating income are:
Trading - in the sense of buying and selling goods (such as a charity Shop / community cafe)
Contracting - the selling of services (being paid to provide a service, such as meals on wheels)
BBC Children in Need Main Grants Programme: grants of over £10,000 to support projects for up to three years pavofundingnews.blogspot.co.uk/2017/09/bbc-ch…)
Powys Voluntary Sector
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