According to the 2009 DTA survey, development trusts are increasing the use of assets as income streams to offset the decline in public grants such as the Single Regeneration Budget, New Deal for Communities and the European Regional Development Fund. Across the 466 DTA members (up 5%), earned income is up, numbers of staff employed has risen, and asset ownership is up. For instance, Sunlight Development Trust's earned income has grown steadily from £250,000 in 2006 to £1.4m in 2009.
Steve Wyler says "it is encouraging to see that they are holding their own." He cites examples of trusts with an entrepreneurial attitude that allows them to transition from grant-dependency to being viable independent firms.
http://www.dta.org.uk/aboutourmembers/developmenttrustsin2009.htm
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