With access to investment finance and grant funding very competitive, it’s often hard for social enterprises to get the funding they need, to make the impact they want.
For this reason it's vital to plan applications carefully, as failed bids can snowball into rushed applications - perhaps the next one will give you the green light to make the impact you are so passionate about.
Social enterprises generate their own income through the services they provide, but many need financial support to achieve their social objectives. Therefore, having a strong fundraising strategy in place can go a long way in helping organisations expand their social provision and amplify their social impact.