Suitable for: School Business Managers, Finance Managers, Governors, PTA members and anyone who has a responsibility for leading income generation in their school.
Phases suitable for:
There are more than 4,000 grant funders in the UK and each year over £1.5bn is awarded in external funding to schools and charities. As part of an overall income generation strategy, grants and trust funds can provide an invaluable source of funding for schools, supporting the delivery of new initiatives or improvements to school infrastructure. Not surprisingly many grant and trust funds are heavily oversubscribed and it is becoming increasingly difficult for schools to successfully attract external funding. As financial pressures grow and the number of grant requests increase, funders have high expectations and requirements from applicants. Many of the well-known grant funders for schools, such as Big Lottery and Sport England, report that a significant percentage of applications are rejected because they do not meet the criteria or are ineligible. For that reason, it is vital schools adopt a coherent and structured approach to bid writing – schools simply don’t have the time and resources to waste on haphazard and hastily assembled funding applications.