the sustainable funding project

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the sustainable funding project ideas
information inspiration Graham
Collins Developing a sustainable income approach
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(No Transcript)
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The 3 Ss of sustainable funding

• Stable a diverse mix of funding sources

• Suitable appropriate for the organisation
  
  
  

• Sufficient costs are understood and covered

• Planning underpins and strengthens
• an organisations sustainability

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Challenging environment

• Stagnant giving, rising need

• Reducing pots of money

• The limitations of short-term project funding

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Opportunity to diversify?

• Develop user-focused services

• Hunting for hidden assets

• Increased contract delivery opportunities

• Loans available for asset development

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Funding streams and relationships
Donor Funder Purchaser
Consumer
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Money is just one piece of the puzzle
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Release the entrepreneurial spirit! The
Sustainable Funding Project, NCVO
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How is VCS income generated?
Investments
Investments
8
20
Earned
Earned
33
50.3
1995
2006
42
47
Voluntary
Voluntary
The UK Civil Society Almanac 2008
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Why trade?

• Traded income is unrestricted

• Independence self-esteem

• Trading builds new skills

• Charging promotes appreciation of quality

• Trading can reconnect us with our users

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• How?
• Product - producing goods and services where
  they didnt exist before (childcare, recycling)
• Process - ways of working which prioritise a
  social element (worker co-operatives, social
  firms, fair trade)
• Profit - trading in order to cross-subsidise
  social or environmental goods or services

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What to sell and to whom?

existing market
Market penetration
Product/service development
existing product
new product
Diversification
Market development
new market
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Products and Competencies
food
consistency
fair trade
beverages
purity
juices
Source Jerr Boschee
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• Emerging Options

• earned income an asset base
• loan finance
• delivering public services

move away from grant dependency towards.
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the sustainable funding project ideas
information inspiration Visit us
at www.ncvo-vol.org.uk/sfp 020 7520 2519