6 Apr 2020

Funding 101

Advice

This is a list of handy tips to help you with funding. Whether you are funding a research project, funding your studies, or starting your own business venture, take a look at our list below to see how you can get started with funding…

Funding 101 - fundraising ideas gif | Stemettes Zine
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1. Budget

If you know you are going to have to apply for funding for your project/ business venture, make sure you are clear on the budget process timeline. Talk to people who know what’s required. Make a plan of what you are going to spend and how you are going to spend it before you start. Go in with a clear mind of how much money you need to raise to get your project/venture going.

2. Community Funding

There are so many grants out there for community projects in the UK. If you are starting up a community project and are after a grant to get the project started, take a look at these funding options for UK community projects. Click here >>

Funding 101 - counting money gif | Stemettes Zine
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3. Crowdfunding

Crowdfunding is about funding your project/venture by asking a large number of people for a small amount of money. Here are some great websites for crowdfunding:

4. Strategic Networking

Investors often look to support the most innovative businesses so it’s important to get noticed. Make the most of small business events and networking opportunities – they’re everywhere. Just grab your business cards, questions and friendly introductions to get started. Use social media channels, such as Twitter or Facebook, to build your network and help establish your brand. Research similar companies online and find out what they’re talking about, who they’re engaging with and what events they might be attending.

 

Advice Issue 14
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