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Subject: Trading vs funding

WEditor profile
WEditor wrote on Feb 19, 2009

At yesterday's NCVO annual conference there was a discussion around the impact of trading on getting funding. Someone said that once you start trading (or running public services) funders aren't interested in you. Is this true? If so, do you have to choose? 

This comment was last edited on Feb 12, 2010

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briggsee profile
briggsee wrote on Apr 08, 2009

We haven't found this to be true. Our organisation works mainly in the London Boroughs of Lewisham and Southwark delivering affordable sporting, inclusion, education and healthy lifestyle opportunities to our communities. We trade and attract government and other funding from many sources. Clearly the recent world banking/financial problems will affect our income and therefore our work over the next year or three but from our experience it is important to be diverse as possible in income generation matters. Our experince with funders is that they want their money to achieve clear goals and for new projects to be sustainable wherever possible and sometimes trading income can be useful here so funders tend to welcome additional outside income into a project. 

This comment was last edited on Feb 12, 2010

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