Fundraising

Social enterprise

 

‘Social enterprise’ is not a legal definition, so it can mean a number of things. A ‘social enterprise’ could be:

  • A new company that aims to deliver services for social benefit
  • A trading arm of an existing charity
  • A way of working that involves thinking more broadly about generating income.

Together with some partner agencies, we can support anyone who is trying to establish any of these in Kensington & Chelsea with:

10 top tips on collaborating for funding

1. Sign a partnership agreement
This is a MUST MUST MUST! A partnership agreement should outline in detail what each partner will do, with deadlines. Be as specific as possible, to avoid disputes later on.
 
If the bidding process is over a long period, you may want to sign a short initial agreement which states your intention to work together, with a view to making a more detailed agreement if the funding bid is successful.
 
2. Get the right partners