Step 6

Step 6: Fundraising plan: a critical step for sustainability

TARGET BUDGET

  • The amount that I need to secure the implement my initiative.

MAPPING OF POSSIBLE FUNDERS –

  • Recording of potential funders who could support our idea (fields in which they make donations, amounts, time period, target groups, types of organisations).
  • Identification of those that match our organization (using a 9-grid box) and that we intend to approach.

ACTION PLAN

Organisation of actions

  • Preparation of the funding request.
  • Preparation of supporting documents (if required).
  • Creation of a plan for when funding proposals will be submitted.

PREPARATION OF MATERIALS

  • Presentation
  • One-pager

APPROACH TO FUNDERS

  • Research and table with contact details.

IMPORTANT: This can also be done during the mapping phase.

TIP: Start with your own-network-friends and acquaintances!

  • Record and attend events where we will approach them.

EVALUATION REASSESSMENT

  • Based on the data that emerges, it may be necessary to adjust the strategy. 
  • One-pager