Sustainability Plan: Has your project already reached financial sustainability? If not, what is this solutio’s plan to ensure financial sustainability? Do the main partners have enough stake to sustain the solution? If this project requires limited budget, how will other resources be secured to maintain or grow this work?
The project part grant funded and partly financed through commercial income.
We will achieve sustainability in two ways:
(i) by increasing number of Timewise Partners...
...through membership, advisory & training fees. The project will cover its own costs once we have more Partners on board (and numbers are already growing rapidly, we have gained 22 partners since April 2013)
(ii) We also run a recruitment agency and jobsite in our not for profit group...
... these are both profitable and as the project grows, it will drive more recruitment to these businesses with profit invested back into it.