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Saturday 22 November 2008

Project Planning

The funding jigsaw

When applying for grants you will need to consider sources of matched funding at the outset:  this applies to European money in particular which is generally only available for around half the costs of a project - the remainder needs to be found from other sources and is known as "matched funding".   A range of local, regional and national funds can be used to match European grants as long as they do not also originate from Europe.   Private-sector funding may also be eligible as matched funding.

See more information on sources of funding

Recognition is growing within funding circles of the value of 'in-kind' resources:  this can be volunteer time or professional services offered free or at cost.  Check with the funding organisation for particular rules or rates.