FINANCE NEWS: Consultancy wins £500k community enterprise contract

A voluntary sector consultancy has been awarded a £500,000 contract to support social enterprises in East Anglia.

Norwich-based firm The Guild will help community organisations and individuals in Norfolk, Suffolk and Essex to develop trading ventures. "This contract shows that we have won national recognition for our innovative approach to community development," said partner Nicky Stevenson.

"The award will be used in a number of different ways over the next two years. In Norfolk, we will be using part of the money to look at the current and projected needs of social enterprises that are already established.

This is of fundamental importance if we are to help create projects that have long-term financial sustainability."

Community activists with ideas for social enterprises can receive funded training through a 'Civic Champions' programme, also offered by The Guild.

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