Fundraising: NCVO establishes 'trading' bursary

The NCVO has set up a bursary scheme to encourage voluntary organisations to explore opportunities for trading goods and services.

Run by the NCVO's Sustainable Funding Project, the Only Connect scheme, sponsored by Triodos Bank, enables organisations to visit others with proven track records in making money from trading.

Charities must decide on an organisation they would like to visit, and will be given up to £100 travel expenses. The host organisations will receive a £150 'consultation fee' for their time and advice.

Kat Smith of the Sustainable Funding Project said: "It is increasingly important for voluntary organisations to explore ways of diversifying their income."

The NCVO intends to award ten bursaries every three months until November 2006. The current period for applications closes on 3 February.

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