Workshop 2 - Funding Central

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