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Unlocking funding opportunities final

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Unlocking funding opportunities

Unlocking funding opportunities

Published in: Business, Economy & Finance

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  • 1. Unlocking Funding Opportunities for the Third Sector18 May, 2012
  • 2. WelcomeIntroduction Rob Dunford Employer Engagement Manager Bournville CollegeWhy are we here? Rose Rees Business Development Manager Bournville CollegeFunding opportunities John Hodges & Michael Patterson Support SolutionsQ&ANetworking Opportunities18 May, 2012
  • 3. History of Bournville College • Long history of providing education and training in the community • 1899 Cadbury family started compulsory classes in English, mathematics and science as well as physical education • Known as Bournville College from 1949 • new campus has capacity for 15,000 students and spans 4.2 acres of land • part of a £1 billion regeneration project of the former MG Rover works to put the heart back into Longbridge18 May, 2012
  • 4. What we have• Brand new campus / outstanding facilities – Learner led Urban Flavours/Fitness/elegance/serenity – Vehicle workshop back in Longbridge• Independent college• Dedicated curriculum areas specialist in their fields (BCFE specialists here for Q & A together with relevant partner organisations)18 May, 2012
  • 5. Bournville College “To be the education and training provider of first choice” Inclusive Supportive Competitive Responsive Successful Collaborative Progressive18 May, 2012
  • 6. Plans for the future…• Continue to provide first class education facility for the whole community• Expand apprenticeship provision• Develop more sector specific training offers• Increase networking opportunities for clients and learners• Increase provision of courses delivered out “in the field”18 May, 2012
  • 7. Why are we here?…• All because…….• We have: – Passion for involvement in community projects – Commitment to share good practice – High standards of training & personnel – Flexible, employer responsive approach – Contacts who can help each other!18 May, 2012
  • 8. Unlocking Funding Opportunities for the Third Sector John Hodges John@supportsolutions.co.uk www.supportsolution.co.uk Support Solutions May 2012
  • 9. Key Questions• Accessing Different Revenue Streams The Big Picture Funding Commissioning• Being successful in your bid Support Solutions May 2012
  • 10. Difficulties encountered?• Knowing:-• where to look for opportunities – Timescales are often very tight – New SSL resource• what commissioners actually want – often needs to be more than just what’s in advert• how to put application together – comes with experience • Not everyone can afford a business development team! Support Solutions May 2012
  • 11. The Big Picture {1}• Public expenditure crisis• Public sector reform/retrenchment• The Big Society/Localism: and enhanced role for non-statutory players• Changing commissioning arrangements• Social Marketisation• Social Enterprise Support Solutions May 2012
  • 12. The Big Picture {2}• Reducing public funding• Greater emphasis on prevention & social return on investment (SROI)• Need for providers to collaborate & diversify• Payment by results being emphasised Support Solutions May 2012
  • 13. Diversification• Services• Commissioners• Funding• Relationships Support Solutions May 2012
  • 14. Tenders• Still important• Increasingly Framework & Payment by Results• Pressure on unit costs• Need to add value: reallocate costs & bring in other revenue Support Solutions May 2012
  • 15. Revenue Streams• Clinical Commissioning Groups• Social Care Commissioning• Public Health Grant• Social Investment• Social Enterprise• Other Funding Streams Eg Grants Support Solutions May 2012
  • 16. Funding {1}• The Social Investment Business (England)• £5k-£7m in funding allocations – SEIF (Social Enterprise Investment Fund) – Social Action Fund – Communitybuilders Fund – The Adventure Capital Fund – Futurebuilders England Fund – Modernisation Fund Support Solutions May 2012
  • 17. Funding {2}Social Finance Social Investment BondsThe Volunteering Fund: national & local grants for health outcomes using volunteersBig Issue Invest: Loans of £50-£500kTransition Funds eg Homeless Transition Fund LA’s etc in Midlands Support Solutions May 2012
  • 18. Funding {3}Triodos BankBig Society Capital Group (Big Society Bank)Social ISACharity BankBig Lottery FundFunding availability update Support Solutions May 2012
  • 19. Commissioning• Open Public Services• Social Return on Investment (SROI)• Value not cost• Strategic Positioning• Collaboration & Consortia• Wider role for non-statutory sector• Wider commissioning relationships• Strategic relevance Support Solutions May 2012
  • 20. Commissioning• More commercial contracts (PbR)• Framework Agreements• Joint Commissioning• Uncertainty: need to inform Commissioners’ thinking Support Solutions May 2012
  • 21. Being Successful in your Bid {1}• Remodel & diversify services• Collaborate• Influence Commissioning processes• Reallocate costs• Add financial and service value• Evidence Innovation• Diversify funding streams Support Solutions May 2012
  • 22. Being Successful in your Bid {2}• Diversify commissioning relationships• Promote prevention• Network, campaign, lobby• Calculate cost-benefit/SROI• Avoid Common Mistakes! Support Solutions May 2012
  • 23. How can we help you?• Support Solutions – Identify sourcing solutions – Understanding your true costs – Diversify your income streams – Support your tender or Grant Application bid• Bournville College – Train your staff and Service Users – Collaboration – Venue Resources Support Solutions May 2012
  • 24. Our Contact DetailsFairgate House205 Kings RoadBirmingham B11 2AA0121 707 7766/8881www.supportsolutions.co.ukhttp://www.supportsolutions.co.uk/forum/index.phpinfo@supportsolutions.co.ukTwitter @suppsolutionswww.facebook.com/SupportSolutionsLtd?sk=wall 24 Support Solutions May 2012
  • 25. Questions18 May, 2012
  • 26. Unlocking Funding Opportunities for the Third Sector18 May, 2012