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Tag Archives | community business

To Trustee or Not to Trustee

Have you conisdered becoming a Trustee or a Non Executive Director?

If you have we know charities (and social enterprises) that may value your help and support! Get in touch. 0121 667 6810 – info@disecic.org

If you haven’t then have a quick read below and see if you may be interested.

There are many benefits to becoming a trustee or non executive director of a charity or social enterprise, apart from helping a good cause in a leaderhsip role you may also:

  • Develop and refine your skills at a strategic level
  • Enhance your CV
  • Put your skills to good use and learn new skills
  • Support a cause that is close to your heart or that of someone close to you
  • Meet new and interesting people from all walks of life

If you are employed by a large company or public sector organisation then they may well have a corporate volunteer policy that could mean paid release whilst undertaking trustee duties so it may be easier than you think.

If you are unemployed then you may be able to develop your skills and enhance your CV.

All trustees and non executive directors are unpaid (volunteer) positions, but you will not be out of pocket, all exxpenses can be claimed.

Charities are looking for all sorts of skilled people to support them on their boards, but we’ve noted a particualr shortfall in:

  • People with commercial enterprise skills,
  • Business planning and monitoring,
  • Legal and para legal,
  • Marketing and Communications,
  • Accountancy,
  • Property management
  • Information and Coomunication Technology.

So if you want to make a difference then please do get in touch and we’ll help match you with a goood cause. 0121 667 6810 info@disecic.org

 

 

 

 

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So that’s what a social enterprise is!

Social Enterprise is a way of doing business. Last Social Saturday (2015) we sponsored a range of video showcases to help you understand more about social enterprise and the varied things they do, see below.

If you need help and want to start or grow your social enterprise then give us a call 0121 667 6810.

WBC Fit Club CIC

 

The Olive Branch Kitchen CIC

 

Jericho Foundation (Charity) running a number of social enterprises here is the Print Works

Want to see more? Head over to our Youtube channel 

 

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Power to Change Guidance

A quick update for those of you who aim to grow your community businesses and to follow up on a post ( a few weeks ago) about the £10m fund.

Power to Change has now released the funding guidance to apply for the fund which will potentially provide up to 75% of the development costs with a ceiling application of £300,000.

Please note this is a fund that has strict criteria and is aiming to fund sustainable community business development so do check the criteria carefully. In previous rounds only 5% of applications were awarded and a very high proportion were not awarded based on the organisation not meeting the basic community business criteria.

You can download their guidance here http://www.thepowertochange.org.uk/wp-content/uploads/2016/04/Community-Business-Fund-applicant-guidance.pdf

 

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£10m fund to open in April

If you need £50,000 to £300,000 to support your community business to develop and grow then you’ll be pleased to know that the Power to Change £1om grant programme is opening a new funding round on 26th April 2016.

A few pointers:

Power to change is for community business rooted in the community with community ownership (check eligibility here) and in previous rounds it only funded 5% of applicants and more than two thirds of applications dd not meet their criteria. Funding will rarely exceed 75% of overall development costs.

Power to change is expecting this round will be highly competitive and is having further rounds in July and October. the fund expects to award relatively equal acorss each round.

Key dates to note:

  • 5 April: Full criteria will be published on the Power to Change Website the grants helpline will open to help you with your application and any questions you have about eligibility.
  • 19 April: They will host a free Q&A webinar about the programme.
  • 26 April – 1 June: First application window
  • July 2016: Second funding round opens
  • October 2016: Third funding round opens

To register your interest then click here

 

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£150m Endowed to Power to Change

Power to Change announced yesterday (22/01/2015) that is has now received £150m endowment from the Big Lottery to support the development and sustainability of community businesses.

The funding is endowed to the independent trust who will managed the funding. It’s early days yet so we do not have all the details on what or how the funding may work, but it is likely to be a mixture of loans and consultancy / development support.

At the moment the programme is looking for “Community Business Champions” to register their interest so if you are running a community business or considering setting one up do take a look at their website http://www.thepowertochange.org.uk/ we will keep an eye out and keep you posted here too!

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