Hot topics - sourcing funding and preparing for Brexit

Funding? 

Developing long term sustainable funding?sources?remains a huge priority for?organisations?across the sector. Via SportTalks?–?our programme of sharing best practice across the sector?– we’ve been?highlighting some of?the?innovative ways our members have been?raising money for their work.?Here are three examples?of very?different?and successful?approaches which we hope others can learn from:?? 

Corporate Partnership? 

• British Cycling and HSBC have successfully teamed up in an effort to make cycling the UK’s most popular activity and sport of choice.?Creating a?societal?partnership?built around a shared vision, both organisations talked about their achievements to date and ambitions for the future at our recent Fit for the Future Convention.?This is?bound by their goal to have a noticeable contribution to a greener, fitter, healthier Britain over the next eight years.?Check out all the details here. 

Social Investment? 

• Social investment is well established in many sectors, but?when?Alliance member Sporting Assets?launched?Sporting Capital?last month, it became the?first?impact investment fund focused on community sport.?At?our?Fit for the Future Convention, Sporting Assets explained more about the concept of social investment and the Lawn Tennis Association shared their work?on Transforming British Tennis, which applies some of the concepts of social investment.  

Crowd Funding? 

• In 2016 the British?Mountaineering?Council?(BMC)?raised £100,000?to repair Britain’s hills and mountains.?The campaign was such as success that next week the BMC will?launch?Mend Our Mountains: Make One Million?with the?aim?of?raising?£1 million.?Check out their campaign video for all the?details.? 

   

  If you want more specific guidance on how to create sustainable funding sources,?check out our?newsletter this week?which includes some of the important steps to?kick starting your fundraising alongside?some useful resources to help you get started.? 

  Brexit? 

  Our sector is truly?international?in its breadth?and engages millions of fans and grassroots participants, all supported by a skilled?workforce?and an army of?volunteers. Brexit will therefore fundamentally change sport and?recreation?in this country.?We will shortly be?publishing?a plan for Government to make sure sport and recreation can thrive beyond Brexit.???? 

  In addition,?the British Association of Snowsport Instructors and?the?Royal Yachting Association?have?joined forces to address?their concerns about the?impact of Brexit on British qualified sport instructors?working in the EU.?They are keen to hear from other organisations who?have members travelling to the EU for seasonal work and who?might be affected in the same way,?so if that’s you,?please?let us know. 

  Sharing best practice? 

  Through our SportTalks we want to continually share?best practice?and case studies of the great work going on?across?the sector. If you are doing something which you think others would benefit from knowing about, please let?me know.?? 

  Note to?members: next week you will?receive?our annual member survey. This is focused on making sure we are supporting you as effectively as possible. Your feedback?is essential in?helping?us direct our member focused work and so we'd very much appreciate your feedback.?? 

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