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Funding

You are no doubt reading this page because you have a project or an idea that needs some money to get it off the ground or maybe to keep it running.

There are more than 2,000 funding schemes available in Kent to help support local voluntary and community groups and each will have its own set of criteria and timescales for applications before they part with any cash or payment. Finding the right one can be tricky, so where should you start?

The project

Firstly it is important to define what the funding is needed for.

Will your project:

  • involve construction work (capital costs)?
  • provide services (revenue costs)?
  • or a mix of both?

Some funders are selective about the type of projects they will support.

Whatever the type of project it should be properly planned before looking for a funder. This will enable you to estimate how much money is likely to be needed. Draw up a list of all the items that will need to be considered to achieve the aims and objectives of the project. These should include:

  • what do you want to achieve from the project?
  • how will the project be undertaken? Include all the resources needed for the project, for example equipment, staff, premises, training, partnership and working.
  • where will the project take place?
  • when would be the best time to undertake the project? Consider things such as lease renewals, weather condition for any construction outside and school holidays
  • who will be responsible for overseeing the project to ensure it gets done? Will this be the responsibility of one person or a co-ordinated team?
  • will the project need one or more grants? Money for initial setting up then more for running costs.
  • what will happen to the project if additional funding is needed or the funding period expires before completion? Consider elements that might hold the project up such as delays in receiving equipment or 'red-tape' requirements.

Your project planning should cover every aspect of activities and tasks needed throughout the project, including the expected results. Visit CAF's jargon-buster website (link opens in a new window) to help you understand the terms commonly used on applications.

The application form

This may ask:

  • what benefit will the project make to the people/organisation/community?
  • how will you know if you have achieved the aims and objectives of the project? You may need to provide evidence of this if part of the funding is reliant on outcomes and has been withheld.

Added value

If you see this on an application form it basically means what additional benefits will your project achieve over and above that which, if anything, is already in place.

For example :

  1. A nature reserve may at present only be accessible to people on foot and not suitable for people with physical disabilities. Your project aims to improve access for this group including wheelchair users. This proposed route will also be suitable for young families with pushchairs and thus encourage another user group to access the facility, hence Added Value
  2. A local community hall has only basic toilet and hand washing facilities and is under utilised. Your project aims to install a kitchen area to provide facilities to make the hall a more viable venue for activities such as lunches for pensioners and a pre-school breakfast club site. Added Value would be that the hall would now also be suitable to hire for private functions and would bring in an income for the general maintenance of the building.

Budgets

We all deal with budgets in our everyday life. How much to spend on food, the mortgage, the car and if there's any leftover, the holiday. So it's nothing you haven't done before, you just have to be sensible and realistic when planning your project.

Look at all the elements the project will involve, for example equipment, materials, people and timing. Then cost out how much each element will be, add them together and that's the amount, the budget you need to find. It would also be wise to consider adding an additional amount to cover any unforseen costs. For example if the price of materials goes up you may also want to include a sum for paying volunteer expenses in your funding bid.

Project management

Funders may require evidence that you can manage your project and account for the money. Check with your group for anyone who has experience of this type of work. If applicable, compile a time schedule for the project listing each element and giving target deadlines for completion. This will show you have thought things through and later enable you to keep things moving and to know exactly what stage the project is at any given time.

Funding

Now, having spent some time on the basics, who has money to give away? There are so many options out there that we have listed a few to help you on your way:

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Promoting Volunteering in Kent

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