While there are many good practices we can adopt at programme level, there are sector gaps in the availability and accessibility of support for community businesses to develop their financial capabilities. We explore what it will take to address sector gaps and build a more supportive ecosystem.
Power to Change’s Financial Capabilities pilots – one delivered by The Women’s Organisation, and the other by Locality – aimed to strengthen community businesses’ financial management and decision making. Each project took a different approach, and we share below the initial learnings that have emerged from both pilots.
Power to Change recently commissioned a study on the value that volunteers contributed to community businesses. In this blog, Sarah Thelwall describes some of the findings that might be useful for community businesses.
Community businesses strengthen local economies and enrich the fabric of society. They bring people together to improve their local areas, often operating in low-income areas while supporting our most vulnerable groups.
From next week pubs will literally open their doors once more as we’ll finally be allowed back inside in groups of six or fewer. Many of us are now used to booking weeks in advance to huddle under a heater, but the next stage of the roadmap will allow even more of our much-missed pubs to reopen.
205 community organisations led by, or that support, Black, Asian and minority ethnic communities have received a share of £9.5million of National Lottery funding to help recover from the impacts of the Covid-19 pandemic.