Charity Company Ltd by Guarantee East Midland wide remit Existed since year 2000 What is the EMFF?
110 Funders’ from across the region 198 members Key strategic partners LGEM, Regional Assembly Funding Advice Workers Representatives of voluntary and community sector organisations – Voice, Engage, SEEM Managed and administered by Regeneration East Midlands Who is involved?
What do we aim to do? Promote effective funding practice Improve communication amongst funders Share learning & disseminate information Up skill funders & those seeking funding Enhance knowledge available on fund investment
What do we aim to do? Provide training for those seeking funding Provide information about funding opportunities & support
How do we aim to do it? 4 Funders’ Forums per year Seminars e.g. FCR, Core Costs, LAAs Newsletters Email alerts
How do we aim to do it? Training programmes for Funders‘ and those seeking funding and support Dissemination of information Funding Index
How do we aim to do it? Conferences www.fundersindex.co.uk www.emfunders.org.uk
Issues and Challenges Demand & supply Applications are not clear Questions are not answered Applicants make assumptions that the funder is well aware of the organisation
Issues and challenges Critical details are not included in the application There has been no communication with the funder
Issues and Challenges Significant decline in the funding available from Europe Geographical targets / boundaries Changing demographics Unable to provide funding commitments beyond 1 year Delivery squeezed due to time taken in policy development
Issues and Challenges Delivery squeezed due to time taken in policy development 3 Year Treasury Cycles Fund management / administration element squeezed Growing emphasis on social enterprise Loan finance
Opportunities On-going investment Innovative ideas Business based finance / support Loan finance, EM Comm Loan Fund Olympic opportunities New govt focus on sustainability / sustainable communities
Opportunities Growing emphasis on third sector / public service delivery