Squaring The Circle on Funding Applications with Kirsty Thomson

The world of funding can be complex to navigate and if you don’t know what funders are looking for it can make it difficult to get the funding your organisation or project needs. Acquiring funding is particularly important for many organisations at the moment to plug the gaps in cash flows and to allow them to adapt their way of working in response to the covid-19 crisis. Join Founder and CEO of The Circle, Kirsty Thomson for a webinar where she’ll be covering what you need to know about the world of funding.

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Start up funding for social entrepreneurs in Dundee

Social entrepreneurs are being invited to pitch for a share of a £20,000 funding pot towards start-up costs for their ventures. The Circle and funding body, UnLtd, are inviting people starting up organisations or projects which will benefit the Dundee community to make a pitch about their venture to a panel of judges. Following the pitches, successful entrants will be awarded up to £5,000 to cover some of their start-up costs.

Those who are interested in this opportunity should register their interest by contacting eileeninglis@unltd.org.uk or by completing an application here: https://www.unltd.org.uk/our-work/our-focus-areas/resilient-communities

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Introducing our new project: The Circle Superstars

We are excited to be introducing a new project to benefit children and young people during the lockdown. Set to launch in June, The Circle Superstars is a new initiative to provide activity packs to children and young people living in Dundee whose families currently access provisions from local food projects. The packs will include activities that will stimulate creativity while encouraging a focus on mindset, community and environment. This is a pilot project and will initially be delivered in the areas within Strathmartine Ward. This project has been funded by the Wellbeing Fund; a fund administered by the Scottish Government for organisations providing important services for people as a result of the coronavirus pandemic.

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Squaring The Circle

Squaring The Circle: To find the solution to a seemingly impossible challenge 

Join us for a series of webinars designed to provide third sector organisations with the relevant knowledge to find solutions to issues facing the sector today.
Throughout this series Kirsty Thompson, CEO of The Circle CIC, and a number of industry experts will deliver weekly sessions on funding, marketing, governance and more. 
 
These sessions will include an overview of the topic, an interactive activity and time for a Q&A session where the speaker can answer your burning questions. 

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Understanding funding for social entrepreneurs

For any business the ultimate goal is to become financially self-sustaining, and one way to achieve this is through investment and fundraising. At The Circle we adopt a ‘More Than Profit’ approach and encourage others to do so as well. Having a ‘More than Profit’ approach means that companies with a social impact should aim to be self-sustaining from doing what they do (e.g. the sales of its products and/or services) and should not be reliant on a single income stream.

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The Circle Academy secures funding for its 2020 cohorts

The Circle has received funding to support the delivery of The Circle Academy to a second cohort of aspiring ‘More Than Profit’ leaders. Funding has been contributed from The Rank Foundation as well as the George and Grace Thomson Fund. In addition to this, the candidates will also have the chance to pitch for up to £5,000 through national funders, UnLtd Scotland.

The Academy is a 12-week training programme for those interested in running an organisation with a ‘More than Profit’ approach. Individuals will benefit from 12 weeks of intensive training covering essential topics; mindset, business model, finance, legal, governance, people, social impact and sustainability through multiple income streams.  

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“The Circle saved my business” first cohort of social entrepreneurs complete The Circle Academy

The first cohort of social entrepreneurs who completed our ‘More Than Profit’ training programme, The Circle Academy, have taken part in a pitch competition. The Circle Academy – the first of its kind in Scotland – was launched by Dundee-based social enterprise The Circle. The training programme was created to provide people with knowledge and tools to build sustainable ‘More Than Profit’ businesses. The candidates attended expert speaker sessions which covered topics including mindset, governance, business planning and social impact, as well as taking part in tasks to generate income. Throughout the course the candidates were also supported to work on aspects of their business including a business plan and a marketing strategy.

The Circle Academy was run by Academy Manager, Kara Swankie, a former Commonwealth power-lifting gold medallist who at just 24 has already set up and sold two businesses. Coming from a commercial background, Kara already had instilled within her a drive to focus on profit and financial sustainability which is a quality that The Circle wanted to foster in the candidates who joined the Academy. The Circle launched the Academy with an aim to ensure that the organisations being set up and developed by the candidates on the programme would be sustainable in the long term.

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GSK Volunteer team brightened up one of our meeting rooms

A few weeks ago we had volunteers from GSK visit our building and help us out by painting one of our training room spaces.

GSK are an organisation that develop and manufacture innovative pharmaceutical medicines, vaccines and consumer health products. They aim to bring differentiated, high-quality and needed healthcare products to as many people as possible, with their 3 global businesses, scientific and technical know-how and talented people.

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