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Funding in the Economic Downturn PDF Print E-mail
Date: 25 February 2009
Time: 10:00 - 14:00
Venue: Leicester YMCA

Executive Summary:


In February 2009 members of the East Midlands Funding Forum and Funding Advice Worker Network met to discuss the impact of the economic downturn upon funding to the third sector.

The discussions found that funding sources, funding advisors and organisations in the third sector believe that the economic downturn has not fully impacted upon the sector yet. But that there is a significant amount of caution regarding future budgets and funding sources as we move towards 2010.

As a result it is expected that the competition for funding will increase over the next 12 months, and continue within 2010. This is at the same time that some funding sources believe that their grant/funding budgets will remain level.

To help reduce uncertainty during this time, communication between funding sources and funding advisers for the third sector need to be maintained and developed in the region. Providing up-to-date information upon funding programmes, and helping to improve the quality of applications will help the East Midlands region to compete for funding.

Several actions were raised for the networks to help ensure that this communication continued and developed during this uncertain time for the sector.

Click here to view the report of the event

 

 

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