Funding
Ofcom stipulates that any community radio station that is situated within the area of a commercial radio station (with a served population of 50000-150000), must obtain at least 50% of revenues from donations and grants. A maximum of 50% can be derived from the sale of advertising and sponsorship. Any community radio station must also be run as not-for-profit. As such many community radio stations focus on using volunteers in many operational areas
Pendle Community Radio aims to find suitable grant funding from both the public and private sector. Some of this will be from the Ofcom 'Community Radio Fund', provided by the Department for Culture, Media and Sport as well as other grants. It is envisaged that this will be used to further fund technology and studio equipment and facilitate the future progression of the station - ultimately leading to some paid positions.
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