Renate Ruether-Greaves
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Workshop 3 - Funding |
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Addresses: The Regeneration Company 300 Mare Street Hackney London E8 1HETel: 020 7683 8300 Fax: 020 7683 8399 www.renaisi.com |
Issues: Transition from being a one-funder project to move to other fundersFunding streams often single theme - most areas need more holistic approach Reporting back to Funders Public / Private Match Defining projects for funding Projects need longer funding period, i.e. 3-5 years Management Systems that handle info for all funders for one project not enough notice from funders for termination of contract Lack of information on funding opportunities Uncertainty of continuation of funding Short term funding vs. long term funding LBN Legal Department delays affect funding for projects How to replace SRB Double-counting: lots of organisations delivering similar outputs, difficult to work together lack of exchange of information bottleneck of information no single point of access to information multiple bids for single project funding for 'soft skills' difficult to access |
Solutions: SRB to adjust outputs to be more in line with other current fundersWorking in partnership and submitting joint bids all projects to list their current funders so that others can ask them for advice List of funders currently used by SRB projects (NDC, NRF, Parochial, LDA, LSC) web discussion forum on funding learning from other projects experiences SRB to be responsible to help make transition to other funders access to quick free services from businesses good contact to funders who understand funding needs Single source of funding - remove fragmented approach to funding cross-disciplinary bid - e.g. community, employment, capital works knowledge of pockets of funding in local area cash-generating initiatives (for self-sustaining) / private sector contracts to generate cash for non-profit work Web-forum for Newham: all projects, funders, participants, providers access to single source of information on all different funding streams website constantly updated with funding info Engaged, supportive funder - needed from the start: peer meeting, advice/support/develop people |
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