Applying for funding can often feel like navigating a complex maze, especially when it comes to grants from the National Lottery. However, with the right approach, this process can become far more manageable. This guide will take you through the essential steps and tips for successfully completing your application for funding under £10,000 through the National Lottery’s Awards for All programme.
Understanding the National Lottery Funding Options
Before diving into the application process, it’s crucial to understand the different funding options available. The National Lottery offers two main categories: funding under £10,000 and funding over £10,000.
Each comes with its own application process and complexity.
- Funding Under £10,000: This option is straightforward and generally easier to obtain. The assessment process typically takes about eight weeks, and if your application is rejected, you will receive feedback to improve your chances next time.
- Funding Over £10,000: While this may sound appealing, the application is much more complicated and lengthy. It’s essential to weigh the benefits versus the effort required before deciding to pursue this route.
Preparing Your Application
Once you’ve decided to apply for funding under £10,000, the next step is to prepare your application. Here’s how to get started:
Set Up a Profile
If you haven’t already, create a profile for your Community Interest Company (CIC) or charity. Remember, individuals cannot apply, so ensure your organisation falls under the eligible categories.
Filling Out the Application Form
Now that your profile is set up, let’s look at the application form itself. This section will guide you through the essential parts of the form.
Project Name and Details
Begin by entering your project name and basic details. This section is relatively straightforward, but it sets the stage for the rest of your application. Ensure your project is clearly defined and aligns with the funding objectives.
What Would You Like to Do?
This section is critical as it outlines your project’s objectives. Use bullet points to keep your ideas concise and clear. For example:
- Establish a community garden.
- Run workshops on gardening techniques.
- Organise community volunteer days for landscaping.
- Host an exhibition and open day.
- Promote outdoor activities through the garden.
What Difference Will the Project Make?
Explain the impact of your project. Be specific about the challenges your community faces, such as poverty or isolation, and how your project will address these issues. Use statistics and personal stories to illustrate the need for your project. Here’s how to structure this part:
- Identify the problem (e.g., high obesity rates due to lack of access to healthy activities).
- Detail how your project will improve self-esteem and health.
- Outline your evaluation methods, such as feedback forms and community surveys.
Community Involvement
Demonstrating community engagement is vital. The National Lottery wants to see that your project is not just a solo initiative but one that involves the community. Here’s how to show this:
- Keep a record of community meetings and consultations.
- Specify the number of people engaged through surveys or discussions.
- Provide evidence of community support, such as attendance numbers at meetings.
Budgeting for Your Project
Creating a clear and realistic budget is essential. The National Lottery has specific expectations regarding costs:
Be mindful of personnel costs
The Lottery typically prefers sessional workers to be paid around £150 per day. Justify your budget if you intend to pay more.
Include all necessary expenses
This can include materials, advertising, and volunteer reimbursements.
Show additional funding sources
If you have other financial support, like donations from local councils, include this in your budget.
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Final Checks Before Submission
Once you’ve completed the application, it’s time for a thorough review. Here are the final checks you should perform:
Ensure all sections are fully completed
Missing information can delay your application.
Double-check your bank statement
It should be recent and match your application details.
Confirm that your directors are not related
As this is a requirement.
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Handling Rejections and Feedback
Don’t be disheartened if your application is rejected. The National Lottery provides valuable feedback that can help you improve your application for the next submission. Here’s how to handle this process:
- Review the feedback carefully and adjust your application accordingly.
- Resubmit your application with the necessary changes. It’s common for applications to go through multiple rounds before being approved.
Conclusion
The journey to securing funding from the National Lottery may seem daunting, but with careful preparation and attention to detail, you can significantly improve your chances of success. Remember to engage your community, clearly outline your project’s objectives and impact, and meticulously present your budget. With persistence, your project can receive the financial backing it needs to thrive.
For more detailed guidance and resources, consider enrolling in courses that provide step-by-step instructions on setting up a CIC and securing funding. Good luck with your application!
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Step 1: Define Your Mission and Objectives
Before you begin the formal process, it’s essential to define your CIC’s mission. Consider the community issues you are passionate about and how your skills can contribute to addressing them. Clear objectives will guide your activities and help attract funding.
Step 2: Choose a Name and Structure
Your CIC needs a unique name that reflects its mission. Ensure that it complies with the regulations set by the Companies House. Additionally, decide on the structure of your CIC, whether it will be limited by shares or limited by guarantee.