Fundraising

London Sport's January update

Fri 14/01/2022

London Sport have released their January 2022 update.

The January document features a number of useful fundraising and job opportunities from across the capital.

Commissioning glossary

Commissioning
The process of specifying, securing and monitoring services to meet individuals’ need at a strategic level. This applies to all services, whether they are provided by the local authority or by the private or voluntary sectors.

Consortium (plural consortia)
Several organisations working in partnership to deliver a service or project, or share management or administration functions.

Contracts
Putting the purchasing of services in a legally binding document.

Social enterprise

 

‘Social enterprise’ is not a legal definition, so it can mean a number of things. A ‘social enterprise’ could be:

  • A new company that aims to deliver services for social benefit
  • A trading arm of an existing charity
  • A way of working that involves thinking more broadly about generating income.

Together with some partner agencies, we can support anyone who is trying to establish any of these in Kensington & Chelsea with:

10 top tips on collaborating for funding

1. Sign a partnership agreement
This is a MUST MUST MUST! A partnership agreement should outline in detail what each partner will do, with deadlines. Be as specific as possible, to avoid disputes later on.
 
If the bidding process is over a long period, you may want to sign a short initial agreement which states your intention to work together, with a view to making a more detailed agreement if the funding bid is successful.
 
2. Get the right partners