Developing new or existing funding streams for a Social Enterprise or Charity Project
Scenario: Developing new or existing funding streams for a Social Enterprise or Charity Project
Social enterprises and charities are under increasing pressure to compete for funding, whilst stakeholder expectations in terms of their contribution to society increases. Identify different sources of funding streams (along with the implications of these) & enterprising practices that would allow your chosen real life social enterprise or charity to develop further to meet a need.
You are required to submit a report based on Enterprise Case initiative (ECI) scenario provided above. You will need to draw on theory and the actual case to analyse the current context in which the organisation (or individual) finds itself, to evaluate the options open to it, and to recommend an innovative/entrepreneurial strategy to exploit new opportunities to ensure its longer-term sustainability and growth.
The scenario contains insufficient material to support the analysis in themselves; the material will need to be supplemented by independent research in to real organisations. You may wish to choose a local company to analyse and build your report around for example. You will need to draw on sufficient and relevant theory to analyse the current context in which you are basing your analysis around, to evaluate the options open to you, and to recommend an innovative/entrepreneurial strategy to exploit new opportunities in your chosen context.