Funding Information Event - Not Just For Profit?

Social business event to profit local community

This event, delivered in partnership with Bromley Council and Community Links Bromley, was especially for anyone running a social enterprise or thinking about starting one in the borough.

‘Not Just for Profit?’ took place at Community House in South Street, Bromley, on Tuesday 30 March, between 9.30am and 2.30pm. It was very well attended - 45 local community groups and two individuals representing local forums.

The agenda for the day included:

Short talks from expert speakers from organisations such as Social Enterprise London and Business Link in London and the Social Investment Business on key topics – including what makes a successful social enterprise, obtaining funding and marketing strategies.
A panel session to give delegates an opportunity to put questions to the experts.
Book-able one-to-one advice sessions
Refreshments and a networking lunch

Resources from the event

Panel: Questions and Answers - write up by Stephen Blann, Policy and Newtworks Officer, Community Links Bromley

Question and Answer session

Bromley Funding Service - Julie Hunt Funding Information and Advice Officer, Community Links Bromley

Bromley Funding Service

Overview of Social Enterprise: Mei Yee Hui, Business Research Manager, Social Enterprise London

Overview of Social Enterprise

The Winning Elevator Pitch - Innovative Business Support by Uday Thakkar, Managing Director, Red Ochre

Winning Elevator Pitch

Photos taken at the event - Grateful thanks to Julie Parlabean, admin support volunteer with the Volutneer Centre Bromley for producting an excellent record on the event

visit CLB's Flickr site

Other Services from Funding Information and Advice Service

Support, information and advice is provided by this service in four key areas of income generation for voluntary, community and not-for-profit organisations
operating in Bromley.

ASKING

Gift Economy – Philanthropic giving, voluntary donations, pure charity. Provides unrestricted income for an organisation to use at their discretion to further their charitable aims

Grant Funding – Usually restricted funding provided to deliver specified outputs and/or mutually agreed outcomes. Grant funders are likely to want to monitor what is done with their investment and have clear expectations about what will be achieved

EARNING

Structured Market – Payment for goods or services according to the terms set out in a contract between an organisation and a third party purchaser, be it from the public, private or voluntary sectors

Open Market – Within the overall realm of trading, the range of services and goods that can be sold is potentially endless. Some types of trading are undertaken purely to generate profit, while other types can also contribute to the delivery of an organization’s mission. Income generation generated in this way is unrestricted

For more information contact Julie Hunt, Funding Information and Advice Officer on 020 8315 1915.

Resources

Community Links Bromley has a Resource Library. The library has a number of fundraising directories and guides . CLB has a subscription to the trustfunding.org.uk website.

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