Transcript Slide 1
Welcome
Unlocking Income Potential Seminar
INTRODUCING
Nicola Dickins
Income Diversification
Trading Commissioning Fundraising Funding
Types of Income
Trading Selling a product or a service that generates a profit Commissioning (Public Sector) Selling a product or a service under a block contract Fundraising Donations and/or Sponsorship Funding Grants
Funding
• • • • • • Charitable Grants + Trusts Government Funding European Funding Lottery Funding Social Enterprise Funding Social Enterprise Loans
Locating Funding
• • • • • www.fundingcentral.org.uk
www.grantsonline.org.uk
www.trustfunding.org.uk www.companygiving.org.uk
www.governmentfunding.org.uk
Sign up to our newsletter at www.mihconsultancy.co.uk
Charitable Trusts
• • • • Fund Charitable Activities Over 120,000 Trusts in the UK Main Focus Health, Education, Religion Apply by Application or Appeal Letter
Government Funding
• • • • Key Theme – Big Society Localism Act 2013 Community Rights www.mycommunityrights.org.uk
https://www.gov.uk/browse/citizenship/govern ment/government-funding-programmes
European Funding
• • • New Policy for 2014-2020 - 960 billion (euros) Investing in Growth • Research & Innovation • Information and Communication technology • Competitiveness of SME’s • Low Carbon Economy Investing in People • Employment and Mobility • Better Education • Social Inclusion • Better public administration
European Funding
Creative Industries Funding – start up funds for creative industries http://www.creativeengland.co.uk/ Erasmus + Funding Erasmus+ offers exciting opportunities for UK participants to study, work, volunteer, teach and train abroad in Europe. It is aimed at students, trainees, apprentices, pupils, adult learners, young people, volunteers, professors, teachers, trainers, youth workers and professionals of organisations active in the education, training and youth sector.
https://erasmusplus.org.uk/ European Funding Search Engine http://www.welcomeurope.com/
Lottery Funding
http://www.lotterygoodcauses.org.uk/ - search engine for all Lottery Funds • • • • • • Big Lottery Arts Council British Film Institute Heritage Lottery Fund Sport England UK Sport
Current Lottery Funds
• • • • • • • • • • • Awards for All – up to £10,000 Reaching Communities – up to £500k Commissioning Better Outcomes and Social Outcomes Fund Parks for People – up to £5m Film Festival Fund Grants for Places of Worship Grants for the Arts – up to £100k Heritage Enterprise – up to £5m Sharing Heritage – up to £10k Our Heritage – up to £100k Sport England – up to £10k
Social Enterprise Funding
Esme Fairbairn http://esmeefairbairn.org.uk/what-we-fund/sectors/social-change Big Potential – up to £75k to support Social Investment www.sibgroup.org.uk
Nesta www.nesta.org.uk
Big Lottery – Awards for All & Reaching Communities www.biglotteryfund.org.uk
Social Enterprise Loans
Big Issue Invest http://www.bigissueinvest.com/ Bridges Ventures http://www.bridgesventures.com/bridges-social-entrepreneurs-fund Triodos Bank www.triodos.org.uk
Community Investment Fund Http://www.sibgroup.org.uk/community-investment-fund/ Third Sector Loan Fund http://www.sibgroup.org.uk/third-sector-loan-fund/
5 Years
Funding to Trading
Feasibility & Business Plan Start Up & Pilot Sustainable Trading
Fundraising
Friends Groups Fundraising Events Community Action Fundraising activities Community Shares & Social Impact Bonds Crowd Funding e-fundraising & Social Media Membership
Crowdfunding
Big Society Giving Paper Innovation in Giving Fund Nesta www.crowdingin.org
http://www.nesta.org.uk/project/crowdfunding
Commissioning
• • • Public Services (Social Value) Act 2013 Localism Act 2013 Community Assets Right to Bid Right to Challenge Community Budgets Health and Social Care Personalisation
Social Investment
• • • Community Shares Social Impact Bonds Payment on Results Value for Money Added Value Social Value