Funding 101

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Contents

Places to look for funding

Questions to ask

Who…?

  • do you need to get involved – funding, beneficiaries
  • is going to bid for the funding
  • is going to manage the funding
  • is going to manage the activities
  • is going to collect evidence for the funders

What…?

  • do you need the funding for
  • plans do you need to make – short-, mid-, long-term
  • people do you need to talk to
  • will you do if things go wrong
  • processes will you put in place to manage your activity

When…?

  • do you need the funding for
  • is the funding deadline
  • will you need to have xyz done by
  • will the funding run out<

How…?

  • far in advance will you need to plan
  • did you arrive at this idea
  • will you know your activity has been successful/a failure
  • will you let people know about your activity

Where…?

  • are your beneficiaries geographically locate
  • will your activity take place
  • will you get your funding from

Why…?

  • are we asking this organisation for money
  • do we want to do this activity/campaign/event

Key words and Issues to be aware of

  • Sustainability (financial income when money runs out, environmental considerations, on-going impact should activity end)
  • Dissemination (who are you going to tell about what you’ve done, how are you going to let people know about the successes/failures)
  • Innovation (what are you doing that is new and different compared to others or what’s happened in the past)
  • Evaluation (this is on-going!, lessons learned, reflect upon mistakes, what you might do differently, things that were unexpected, areas that need further investigation or development)
  • Partnership (who will you be working with to make things happen, what organisations could/should you be working with, how involved will they be)
  • Quality (what are the minimum standards you want/have to meet, how will you know you’ve met them, how will you evidence that)
  • Risk (how will your activity be affected if they don’t give you all the funding you requested, what is your back-up plan, have you considered the probable things that might go wrong)

Top Ten Tips

  1. Know what you want to do
  2. Know why you want to do it
  3. Give yourself enough time by planning properly
  4. Be aware of who you are going to work with
  5. Choose your funder carefully
  6. Talk to your funder (before, during and after)
  7. Read the eligibility criteria carefully
  8. Follow instructions given by the funder
  9. Get someone else to proof-read your application for funding before you submit it
  10. Reward yourself for all the hard work!
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