Realising Community Assets into Social Enterprise Models

Local community organisations may have acquired a local asset on a sole-ownership, community asset transfer or lease basis. These assets can be invaluable to the commercial viability of their organisation, as the space can offer a number of opportunities for developing trading services to generate income:

Some of the ideas that organisations have developed include:

  • A creche or nursery business
  • Internal event and meeting room space to local groups and residents
  • Residential or commercial tenant space
  • Green space to deliver events and conferences
  • Sports and leisure facilities

Suppose you are keen to undertake a feasibility study, business plan and secure investment to maximise the use of a community asset. In that case, you may be eligible and able to apply for a grant from either Power to Change or Big Potential to help kick start the process.

At our Company, we have supported a number of community-led organisations with

  • Feasibility studies
  • Business planning
  • Social impact measurement
  • CRM Management systems using Salesforce
  • Raising investment

Check out some of our case studies here The Selby Trust, St Albans Community Centre, Bridge Renewal Trust

 

Roberto Mae
bensykes@bensykes.co.uk

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