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Funding, What do
I need to know?
22 Sept 2012




Pei-Chin Tay
Student Development Officer
Student Enterprise & Employability
see.arts.ac.uk / see@arts.ac.uk
Ideas &
     Overview              Examples                    Q&A
                                      considerations




see.arts.ac.uk / see@arts.ac.uk
Let’s  see  
what’s  out  there
• Arts Grants
                                           • National Lottery Fund
                                  Public   • Local Authorities, Councils
                                           • New Deal, NESTA, etc
                                           • EU / EC funding

                                                    •Corporate sponsorship
                                                    (e.g., BP, HP, HSBC, etc)
                                           Private  • Competitions
                                                    (e.g., DB awards)
                                                    • Venture  Capitalists/’Dragons’

                                       • Charities, Trusts and
                                         Foundations
                             People    • Personal contacts
                                       • Fund-raising events,
                                         Crowd-funding


see.arts.ac.uk / see@arts.ac.uk
• Usually in the form of grants
                                    (no payback)
                    Public        • Usually lenient terms for loans
                                  • May take equity


                                  • Corporate social responsibility
                   Private        • Marketing and PR
                                  • Private equity (shareholding)



                                  • Charitable /philanthropic causes
                                    (usually no payback)
                    People        • Goodwill
                                  • Personal interest


see.arts.ac.uk / see@arts.ac.uk
Hands-on


                                                        Private
                                                        (VCs, Angels)




Not for profit                            Public                        For profit
                        Private
                     (Sponsorship, etc)

             Charities                                          Banks
              Trusts
           Foundations
                                            Hands-off                         Adapted from: Hugh Mason


  see.arts.ac.uk / see@arts.ac.uk
Company
   valuation




                                                                                   Risks
                                  Lifestyle     Hi-     Super   Stock
                Start-up
                                     Biz      growth   Growth   Market




                                              Time                   Adapted from: Hugh Mason


see.arts.ac.uk / see@arts.ac.uk
• ‘Non  cash’  resources  which  some  
                                    organisations can provide/sponsor
                    In Kind         (e.g., manpower, venue, brand,
                                    advertising, expertise, logistics, etc)




                   In Cash        • Funding/Grant/Investment/
                                    Sponsorship, etc




see.arts.ac.uk / see@arts.ac.uk
Let’s  look  at  
some examples
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
© Akram Kham Company




                       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
Image from abcnews




                     Damian  Barr  as  ‘Reader-in-residence’  at  the  Andaz Hotel
Image source: http://csmartauction.org/2010.htm
Image source: http://www.csmpopup.com/
© Cofundos.org
      © Spanner Films




http://www.spannerfilms.net/how_to_crowd_fund_your_film
© Innocent
Let’s  do  something  
       about it!
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 / see@arts.ac.uk
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 / see@arts.ac.uk
What do you need?



                                  •   location
                                  •   equipment
                                  •   materials
                                  •   money
                                  •   publicity
                                  •   expertise



see.arts.ac.uk / see@arts.ac.uk
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 / see@arts.ac.uk
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 / see@arts.ac.uk
•   Outcomes
                                  •   Outputs
                                  •   Financial report
                                  •   Future plans




see.arts.ac.uk / see@arts.ac.uk
location


                                   resources




see.arts.ac.uk / see@arts.ac.uk
                                    contacts


                                  collaborations


                                  potential r/s


                                   audience


                                    previous
                                    sponsors
•  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 / see@arts.ac.uk
•  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
see.arts.ac.uk / see@arts.ac.uk

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Funding - What do I need to know?

  • 1. Funding, What do I need to know? 22 Sept 2012 Pei-Chin Tay Student Development Officer Student Enterprise & Employability see.arts.ac.uk / see@arts.ac.uk
  • 2. Ideas & Overview Examples Q&A considerations see.arts.ac.uk / see@arts.ac.uk
  • 4. • Arts Grants • National Lottery Fund Public • Local Authorities, Councils • New Deal, NESTA, etc • EU / EC funding •Corporate sponsorship (e.g., BP, HP, HSBC, etc) Private • Competitions (e.g., DB awards) • Venture  Capitalists/’Dragons’ • Charities, Trusts and Foundations People • Personal contacts • Fund-raising events, Crowd-funding see.arts.ac.uk / see@arts.ac.uk
  • 5. • Usually in the form of grants (no payback) Public • Usually lenient terms for loans • May take equity • Corporate social responsibility Private • Marketing and PR • Private equity (shareholding) • Charitable /philanthropic causes (usually no payback) People • Goodwill • Personal interest see.arts.ac.uk / see@arts.ac.uk
  • 6. Hands-on Private (VCs, Angels) Not for profit Public For profit Private (Sponsorship, etc) Charities Banks Trusts Foundations Hands-off Adapted from: Hugh Mason see.arts.ac.uk / see@arts.ac.uk
  • 7. Company valuation Risks Lifestyle Hi- Super Stock Start-up Biz growth Growth Market Time Adapted from: Hugh Mason see.arts.ac.uk / see@arts.ac.uk
  • 8. • ‘Non  cash’  resources  which  some   organisations can provide/sponsor In Kind (e.g., manpower, venue, brand, advertising, expertise, logistics, etc) In Cash • Funding/Grant/Investment/ Sponsorship, etc see.arts.ac.uk / see@arts.ac.uk
  • 9. Let’s  look  at   some examples
  • 10. 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 © Akram Kham Company 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
  • 11. Image from abcnews Damian  Barr  as  ‘Reader-in-residence’  at  the  Andaz Hotel
  • 14. © Cofundos.org © Spanner Films http://www.spannerfilms.net/how_to_crowd_fund_your_film
  • 16. Let’s  do  something   about it!
  • 17. 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 / see@arts.ac.uk
  • 18. 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 / see@arts.ac.uk
  • 19. What do you need? • location • equipment • materials • money • publicity • expertise see.arts.ac.uk / see@arts.ac.uk
  • 20. 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 / see@arts.ac.uk
  • 21. 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 / see@arts.ac.uk
  • 22. Outcomes • Outputs • Financial report • Future plans see.arts.ac.uk / see@arts.ac.uk
  • 23. location resources see.arts.ac.uk / see@arts.ac.uk contacts collaborations potential r/s audience previous sponsors
  • 24. •  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 / see@arts.ac.uk
  • 25. •  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 see.arts.ac.uk / see@arts.ac.uk