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see.arts.ac.uk / [email protected]
Funding, What do I need to know? 22 Sept 2012
Pei-Chin Tay
Student Development Officer
Student Enterprise & Employability
see.arts.ac.uk / [email protected]
Overview Examples Ideas & considerations Q&A
Let’s see what’s out there
see.arts.ac.uk / [email protected]
Public
• Arts Grants
• National Lottery Fund
• Local Authorities, Councils
• New Deal, NESTA, etc
• EU / EC funding
Private
•Corporate sponsorship
(e.g., BP, HP, HSBC, etc)
• Competitions
(e.g., DB awards)
• Venture Capitalists/’Dragons’
People
• Charities, Trusts and
Foundations
• Personal contacts
• Fund-raising events,
Crowd-funding
see.arts.ac.uk / [email protected]
• Usually in the form of grants
(no payback)
• Usually lenient terms for loans
• May take equity
Public
• Corporate social responsibility
• Marketing and PR
• Private equity (shareholding) Private
• Charitable /philanthropic causes
(usually no payback)
• Goodwill
• Personal interest
People
see.arts.ac.uk / [email protected]
Private (VCs, Angels)
Public
Charities Trusts
Foundations
Banks
Hands-on
Hands-off
For profit Not for profit
Adapted from: Hugh Mason
Private (Sponsorship, etc)
see.arts.ac.uk / [email protected]
Start-up Lifestyle Biz
Hi-growth
Super Growth
Stock Market
Com
pany
va
luat
ion
Risk
s
Time Adapted from: Hugh Mason
see.arts.ac.uk / [email protected]
• ‘Non cash’ resources which some organisations can provide/sponsor
(e.g., manpower, venue, brand,
advertising, expertise, logistics, etc)
In Kind
• Funding/Grant/Investment/
Sponsorship, etc In Cash
Let’s look at some examples
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We both spoke of the paths we had taken, of our lives, and of the meaning, the value of the social link created by Roads. He explained to me the role of the human body as he sees it – a vector of communication, cultural memory and personal history. And, then, both of us began to see that our two worlds obviously shared the idea of forming links between people and peoples. From the confrontation of our ideas on Diversity emerged a common image: the Vertical Road.
Hervé Le Bouc
Chairman and CEO of COLAS
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Damian Barr as ‘Reader-in-residence’ at the Andaz Hotel
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http://www.spannerfilms.net/how_to_crowd_fund_your_film
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Let’s do something about it!
see.arts.ac.uk / [email protected]
Aims & Objectives: • What type of project?
(e.g., personal/community/
educational/social enterprise)
• What do you want to get out of your project?
• What are some of the key activities?
see.arts.ac.uk / [email protected]
Impact & Benefits • What impact can your project
create? (state qualitative & quantitative
key performance indicators, a.k.a., KPIs)
• Why is this important? • Who is your target audience
and how can they benefit? • How can the funder(s)
benefit?
see.arts.ac.uk / [email protected]
• location • equipment • materials • money • publicity • expertise
What do you need?
see.arts.ac.uk / [email protected]
Research & Identify the right funder(s)
• Who is your target audience? Are they similar as the organisation/funder? (e.g., potential customers, locality, complementary services)
• How can your project contribute to the funder(s) remit or agenda?
• Any potential conflicts? (e.g., education and cigarette brands?; competing sponsors?)
see.arts.ac.uk / [email protected]
Developing Funding or Sponsorship proposals
• Similar to a business plan (template distributed)
• Customise your proposal
• Submission & disbursement deadlines
• Be professional
• Follow up, not harass!
see.arts.ac.uk / [email protected]
• Outcomes • Outputs • Financial report • Future plans
see.arts.ac.uk / [email protected]
loca
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see.arts.ac.uk / [email protected]
• www.funderfinder.org.uk Funding portal (free access at Learning Zone @High Holborn)
• www.creative-choices.co.uk/find-funding/1099/ Creative choices funding portal
• www.uksponsorship.com Aims to link sponsors with organisations seeking funding in various fields,
including the arts
• www.fundraising.co.uk A resource for UK charity and non-profit fundraisers.
• www.guidestar.org.uk A comprehensive guide on UK charities
• www.access-funds.co.uk Contains details of organisations and funding opportunities.
see.arts.ac.uk / [email protected]
• www.artquest.org.uk/money/writing-applications.htm Artquest – one-stop resource for visual artists
• www.unltd.org.uk UnLtd – a charity that support social enterprises (templates available for
downloading)
• www.princestrust.co.uk/ The Princes Trust supports young people in enterprise and employability
• www.j4bgrants.co.uk/Default.aspx Listing of funding organisation for small businesses
• www.governmentfunding.org.uk Online portal to grants for the voluntary and community sector for the
following funders
• www.grantnet.com Grantnet is a user-friendly search engine