Searching for suitable and sustainable funding Graham Collins www.fundingcentral.org.uk
Outline of Workshop
• • • •
How to approach sustainable funding Funding streams – what are your options? Funding Central: take the tour Q+A
The Sustainable Funding Project
www.ncvo-vol.org.uk/sfp
The ‘three Ss’ of sustainable funding
Stable – a diverse mix of funding sources Suitable – appropriate for the organisation Sufficient – costs are understood and covered Challenging environment
Funding streams and relationships Donor
Funder
Purchaser
Consumer
Gift Economy
Grant Funding
Structured Market
Open Market
ASKING
EARNING
On mission, or not on mission
Majority activity
Prime target
requires subsidy
makes money
Stay out
Proceed with caution
off mission
Developing new products Existing product More of
what you
do be s
to new k r o w t a e r g Take your people
t
Existing market
New market
o the t s e ic v r se Offer new u know well o people y
New product
Reach n ew product people with ne s (diver w sify, risk y)
Funding Central Launched in June 2009
Managed by NCVO, funded by the OCS Free website for charities, voluntary organisations and social enterprises Access to thousands of funding and finance opportunities: grants, contracts & loan finance Wealth of tools and resources supporting organisations to develop sustainable income strategies appropriate to your needs
www.fundingcentral.org.uk
Funding Central features Free and easy to register Complex searching made simple – Guided and Advanced search options Save searches to your online profile Weekly tailored e-funding alerts, upcoming deadlines, news, events and support Make your own personal homepage Partner Zone & Funder Zone Opportunity to promote funding programmes, events and case studies
Funding Central Funding Central is managed by the sector for the sector – we welcome your thoughts and input to ensure that it works for you Contact: 020 7520 2523 or fundingcentral@ncvo-vol.org.uk Need help? http://www.fundingcentral.org.uk/userguides
www.fundingcentral.org.uk