in: Civil Society
NGOs Start Thinking Like Businesses in Eastern Europe and Central Asia
NGOs in Eastern Europe and Central Asia have shown resilience under pressure by inventing new ways to generate funds, including hybrid for-profit and non-profit models as well as creative partnerships, resulting in some interesting and useful examples. Despite these innovations, there is still an important role for international donors. Where relevant and possible, however, adopting a business-like approach has the potential to both transform the groups’ bottom line and their bond with the community.
The full article can be found on Open Global Rights.
Rostislav Valvoda is the executive director of the Prague Civil Society Centre.
Photo by Lotte Löhr on Unsplash