Recharge Knowledge
Cultural Participatory Business Models for Financial Sustainability & Social Responsibility
The viability of a cultural organisation is linked to the value it delivers to its target communities, however, this does not guarantee financial stability. So how do we create societal impact under sustainable business models?
The RECHARGE Playbook proposes that community participation can reinvigorate the cultural sector by offering paths for more sustainable business models. By tapping into the needs and resources available in existing communities - whether that’s volunteer groups or corporate partners - cultural organisations can increase their relevance and support their operations with diversified financing routes.
What is the RECHARGE Playbook?
The RECHARGE playbook is a practical guide to ensure that participation in culture is integral to the financial sustainability of your organisation. It presents 9 Cultural Participatory Business Models that can extend your already existing operations or help you introduce new services / products. In the playbook you will find ready-to-use processes and examples on how to implement these business models using a Living Labs methodology.
This playbook is for anyone working with cultural heritage who wishes to explore how to better financially support long-term participation. No previous experience working with business models is needed!
Who is the Playbook For?
The RECHARGE Playbook is designed for cultural heritage professionals seeking to support the financial sustainability of their organizations while fostering long-term community participation. It is particularly valuable for those who want to explore innovative business models without prior experience in the field. By leveraging Cultural Participatory Business Models, the playbook provides practical guidance on how to diversify funding sources and increase relevance within target communities. With its focus on actionable processes and real-life examples, the playbook helps organizations implement sustainable business strategies that align with their mission of societal impact.
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