'Angels' needed for finance bids

By Helen Warrell, Third Sector Online, 21 June 2007

Sector organisations have identified a need for mentors, or "funding angels", to guide them through finance bids, according to a report published by the Office of the Third Sector this week.

Research on Third Sector Access to Finance , which was carried out by economic development consultants SQW, is based on nineteen focus groups held across the UK. The report's key conclusion was that the third sector's reliance on goodwill grants had led to organisations being "under-resourced, under-capitalised and over-stretched, and...

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