Not all funding bodies make decisions in the same way or within the same timetable, some funders have defined notification periods of awards. By the time you submit your application, you should have a feel for when you are likely to know the outcome of your application.
Keep your team, stakeholders and community aware of progress and notify them of any changes to the decision making timescales. Consider setting up an information point through a website and remember your local press are always looking for editorial, try to use them as a platform.
If you are successful in your bid and awarded funding from an external body, additional fundraising will often be required (especially if matched funding is being used).
Try to set targets for additional fundraising and then schedule your fundraising efforts throughout the year and across the project timescales. Again try to involve your local schools and community groups.
Step Six: Maintain Relationships with the Funder.
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Click here to download the Russell Play Helpful Guide to Funding. |