Wouldn’t it be great to have a crystal ball right now? Planning ahead and for longterm sustainability has never been more crucial – or more difficult. I’ve been talking to people in both the public and private sectors about what organisations can do and it’s encouraging. Despite the uncertainty, there’s plenty of reason to be optimistic.
The good news is funding will be available – especially for those organisations who have a compelling case for investment and can clearly demonstrate they’re meeting a need.
Plenty of government funds are offering immediate help to get you through. Keep your ears open for these, but don’t stop there. To be truly sustainable, it’s vital to take a diverse approach that broadens your funding streams.
Covid-19 is likely to exacerbate the decline in gaming funding availability. If you’ve been slow to step back your reliance on these funds, then now is the time to move quickly. If you are going to apply to gaming trusts, remember competition will be fierce. Target your applications where there is real alignment – sending in lots of generic applications is unlikely to be successful.
Don’t be afraid to review your strategy and get creative. For instance, are there opportunities to collaborate in new ways to deliver on your vision? Look out for other organisations with shared values and complementary strengths.
Impact investment is one funding stream we expect will increase in this new environment. Have a look at those companies that have adapted fast to the new norm and recovering in an agile and expedient way. Identify businesses whose sense of purpose aligns with your own. Once again, a match in values is essential.
All funders will want to understand the impact their funds are making. You can help them by communicating regularly and effectively. Make your impact easy to understand and including numbers, measures, feedback and individual stories that showcase your work.
Don’t forget to make the most of your expertise when you’re planning. You know better than anyone how the Covid environment will impact your community and services. You’ll also know what they need most to recover and thrive. This is a great place to start when you look ahead.
If you’d like more insights on the future of funding, and some help making a plan, then check out our website for our latest thinking. Give us a call if you prefer to speak directly to our team. We’re here to support you in helping build vibrant communities we all love.
Since 2011 I have worked with Jenni and Christine on a number of highly successful fundraising initiatives in support of the Sarjeant Gallery Redevelopment Project. With their help and expertise, we have raised more than $28.8m from central government and Lottery sources. The Giblin Group are a pleasure to work with and have provided great advice on many occasions concerning communications and public engagement. I can certainly recommend their services.
Giblin Group supported Blue Oyster with developing a robust Funding Strategy that took into account the specific needs of our organisation and activity. Jenni and Jess offered substantial advice and support in, not only establishing this strategy but giving us helpful tools for implementation and always prioritised sustainability throughout. Their enthusiasm for our space and activity was truly felt and appreciated – our relationship with them will be nourished and valued well into the future.
“As our thinking evolved, Giblin Group showed a steady commitment to deepen their understanding of our needs. We always looked forward to our coaching sessions which were stimulating and inspiring. Jess and Jenni became valued colleagues that supported and provoked thinking with rigour and generosity. They’re now not only valuable advocates for BATS but part of our whānau.”
“Jenni did a fantastic job in helping us to secure critical partnerships and funding support for our internationally significant Len Lye Centre project – what’s more we really enjoyed working with her.”
“Giblin Group’s knowledge of government practices and procedures on a national and local level is invaluable, and I often find that they are well connected with staff and officials on all levels of Government. Giblin Group scopes their assignments well, provides accurate cost estimates for their services, delivers within the agreed timeframes and always deliver excellent quality work – no project manager can really ask for more!”
“The work that the Giblin Group completed, in collaboration with our staff, was instrumental in the success the project has had in securing significant funding to this key City initiative. In particular we have found the experience of the Giblin Group to been invaluable in seeking funding from a variety of sources in an increasingly challenging environment.”