Getting to grips with raising money
This course looks at the various ways of making money for your organisation, shows you how to get going, decide what mix of types of income are best for you and build up a plan.
Course content
Raising money is very important for most organisations. Whether it is income to pay for your core service or funding to do a new project, you need to be able to ensure that your time on this activity is well spent. Understanding the different sources of potential income and identifying which is right for you may be crucial to the future of what you do. This course will help you take the next steps towards making a sustainable plan for your income generation.
- What is "income generation"?
- Why it is important to diversify the ways you make money.
- Restricted vs unrestricted income
- Some of the common types of income for VCSE organisations and their pros and cons
- Choosing the right funders for your organisation
- Weighing up the cost/benefit
- Planning for sustained income generation
This course is suitable for anyone, no prior knowledge is required, but it would be useful if you have seen our Basics of Income Generation course.
Other resources
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Full Cost Recovery
CourseWhat full cost recovery (FCR) is and why it matters.
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Consultancy: Income generation support
CourseDCA can give hands-on help with all aspects of income generation and fundraising.
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The Basics of Income Generation
CourseThis course covers what you need to know to get started; types of income, tools and techniques and much more. This video comes with bonus material that looks at how to make a strong "pitch" and how to cope with word-counts when doing funding bids.
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