Dealing With All Of Your European Union Financing Concerns After Brexit

Right after the vote in June, a number of charities have been seeking our advice concerning the impact of the decision to leave the EU. In addition, some organisations have found their initiatives positioned in extremely uncertain situations, with application submissions to funds like the ERDF (European Regional Development Fund) pending and no strong or dependable guidance from the Government or regional LEPs as to whether or not the financing streams will still come to fruition.

Whilst at this stage not one person knows with assurance what the impact will be, we would certainly suggest that non profit organizations confronted with the difficulty of an unknown result from European funding follow these crucial steps:

1. Do Not Panic!

In the years following 2008, charities as well as not-for-profits throughout the UK endured one of the worst times of economic downturn the country has ever seen. If you made it through the difficult times of the last 8 years, you're very likely to make it through BREXIT as well. Everyone who is looking for additional info associated with fundraising strategy examples this particular web site hlf bid writers has got countless more blog posts and articles associated with prospect research uk.

2. Communicate With Current Funders

If you're mid-way through fundraising for a big project, talk with your current funders now. If they have committed already it is simply because they have confidence in your undertaking and will be understanding of your position - some may even increase their grant offer to cover a potential deficiency. legacy consultant

3. Mitigate

Facing the issue directly and providing a short review of precisely how you plan to mitigate against a possible financing deficit - looking for other funders, scaling or phasing a project etc. - will certainly be perceived positively by both current and potential contributors alike, creating confidence in your organisation.

In case you require guidance about your development plans or fundraising challenges, don't hesitate to call one of our Directors for an informal chat.