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Projects

The Finance Hub has commissioned a number of programmes for the period 2007-8 which fall within the main three strategic objectives.

Successful procurement and negotiation in the third sector (ref: FH12)

This project responds to the need for a greater national picture of co-operation between statutory and voluntary agencies to promote and standardise funding advice. This includes building understanding of good practice, and ensuring that the need for services to the voluntary, community and social enterprise sector are aligned. The project will also seek to address the need for negotiation skills for the sector. The intended impact is that third sector organisational learning leads to appropriate choices about procurement for organisations and their communities.

Get ready for that local authority contract (ref: FH13)

The success rate of smaller voluntary and community organisations and social enterprises tendering for public services could be increased with improved information to plan for rapidly changing opportunities. This project aims to improve organisations’ chances of knowing when they are ready to secure contracts, by enabling their self assessment against new pilot benchmarks and pricing of services. This will also indicate how organisations are contributing to local authority floor targets.

Trading to create new income streams (ref: FH14)

One of the first steps for organisations considering trading is getting holistic, good quality advice and training. Currently voluntary organisations, social enterprise and especially community groups wishing to make the transition into successful trading/earned income find this difficult. This project aims to analyse relevant information on the range of start up issues – feasibility, risk, financing change as well as organisational development – and package it for different audiences, eg small BME groups, trustees, managers, to enable appropriate choices about diversifying. The training element will be aimed at infrastructure organisations working with Skills and Knowledge for Local Development (SKiLD) project.

Research on sources of earned and donated income – A one stop shop (ref: FH15)

The sector would benefit from a “one stop shop” of evidence-based information on the sources of earned and donated income. This would provide access to the widest range of up to date, contextualised information to assist self assessment of options for strategic planning from trustee to practitioner.

This research aims to meet this need by mapping Third Sector trends in donated and earned income, and together with case studies to inform both the sector and government on potential impacts of the local government white paper.

The decline of local authority grants – fact or fiction? (ref: FH16)

To what extent have local authority grants decreased? Are contracts a viable alternative to grants? By commissioning comprehensive, contextualised and up-to-date research, we intend to clarify and map the current trends across England.

The aim is not only to identify the suspected decline, but also how the mix of restricted to unrestricted funding affects “core” ability to capacity build, particularly within local strategic partnerships.This will build on a previous report, ‘A directory of funding sources’ commissioned by the Hub. Do let us know if you’d like to participate as a regional case study.

Intelligent funding – from vision to reality (ref: FH17)

Both funders and organisations which are funded seek mutually beneficial relationships yet this is not always a reality. The project will look at key issues such as pre-application advice, investment in overhead costs/support functions, sustainable funding provision, support of partnership funding and contractual relationships. An important aspect of this project will be to deliver a parallel set of outcomes tailored for hard to reach organisations, which will look at the value of a pilot framework to improve funding access.

The overall aim is to have greater evidence of third sector investment-fitness nationally, enabling them to make more robust cases to funders for grant and loan finance.

Communicating with funders

In this section we have pulled together work all six National Hubs of expertise have produced on building relationships, working with or simply communicating with funders.

Research into the mainstreaming of national investment in the rural community sector

ACRE is leading this project commissioned by the Finance Hub. The Hub is responding to the need to carry out research to determine the success or otherwise of mainstreaming rural funding, and which types of support for front-line third sector rural groups are unlikely to retain capacity.

Both of the following projects seek to establish new infrastructure services with clear links at regional and sub regional levels, able to deliver skills, quality/standards and networking agenda to provide:

  • More services able to support frontline organisations, equipping them to take full control of their finances;
  • A baseline for all community accountants/financial advisers to work towards and to establish new services where there are gaps;
  • A sustainability strategy.
Establishing a Funding Advice National Network (FANN) (ref: FH18)

Establishing a Funding Advice National Network which starts to look at national skills and training needs aims to address the continued need to support the national skills agenda for funding advisers, working either in generic development or in specialist contexts.

Such an infrastructure body could respond to the need for permanently available funding skills throughout the country, which would seek to join up provision at local and district levels, to plug gaps and signpost effectively.

Strengthening the Community Accountancy National Network (CANN) (ref FH3)

A broader, sustained body is needed to support community accountancy services in England. This project builds on existing work with CASH (Community Accountancy Self Help), in which we have identified a need to strengthen this national network and ensure its sustainability. The increasing demand for community accountants needs to be met with an improved infrastructure for the profession.