Financing a Project
This content discusses project management principles with a focus on financing projects. Dr. Kairi Pldsaar provides valuable insights into effective project management strategies that help in ensuring successful project completion. The importance of financial considerations and their impact on project outcomes are explored in detail. Readers will gain a deep understanding of how to manage projects efficiently while considering financial aspects.
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Presentation Transcript
Financing a Project LOOM.02.124 Project Management By Dr. Kairi P ldsaar
In this lecture: 01 Let talk about MONEY! Financing options 02 International and national funding schemes 03 04 Some examples of online project fund appliactions
All projects need money! Business ideas NGO, NPO Finding money for projects Citizens initiative projects World-saving ideas Smaller side projects Student projects
Microgrants (< 5000 EUR) Financing options Bigger ideas: Governmental funds Recurring grants Crowdsourcing options Sponsorships Selling something Loans Venture capital (start-ups, early-states, emerging companies)
Kickstarter https://www.kickstarter.com/ Indiegogo: https://www.indiegogo.com/ Patreon: https://www.patreon.com/ Librepay: https://en.liberapay.com/ Some random crowdfunding sites: Experiment.com: https://experiment.com/ Opencollective: https://opencollective.com/ Hooandja (Estonia): https://www.hooandja.ee/ Startup inkubaator (Estonia): https://www.startupincubator.ee/ Fundwise (Estonia): https://fundwise.me/et Estate-guru: https://estateguru.co/et/ Superherocapital: https://superherocapital.com/ Thundafund (Africa): https://thundafund.com/ African Crowdfunding Association: https://africancrowd.org/ More: https://crowdsourcingweek.com/blog/top-15- crowdfunding-platforms-in-europe/
Identify and prioritise potential sponsors Identify Sponsors Research company background Anticipate each sponsor needs Create the sponsorship package Create Write an executive summary (mission statement) List the different sponsorship levels and explain what they gain Provide a call to action Get to the point short and sweet! Follow up Follow up with a PHONE CALL! Customise Customise your sponsors by contribution!
EU FUNDING EU FUNDING Research and Innovation: HORIZON 2020 EU Health Programme Cohesion Fund Environment and Climate action (LIFE) European Regional Development Fund (ERDF) Structural Reform Support Programme (SRSP) European Structural and Investment Funds (ESIF) Research Fund for Coal and Steel (RFCS) Detailed information on EU funds: https://ec.europa.eu/info/research-and-innovation/funding/funding- opportunities/funding-programmes-and-open-calls_en
TOTALLY DIFFERENT SYSTEM AND MENTALITY FROM EUROPE BASED ON DONATIONS! SOME GOVERNMENT GRANTS AND LOANS AVALABLE: https://www.usa.gov/grants EXAMPLE: https://www.grants.gov/web/g rants/search-grants.html UN funding
UNEMPLOYMENT OFFICE https://www.tootukassa.ee/eng/content/subsid ies-and-benefits/business-start-subsidy ENTERPRISE ESTONIA: https://www.eas.ee/?lang=en MINISTRY OF CULTURE: https://www.kul.ee/en, https://www.kulka.ee/en ARCHIMEDES: https://archimedes.ee/en/archimedes- foundation/ HORIZON 2020: https://ec.europa.eu/info/funding- tenders/opportunities/portal/screen/opportuni ties/topic-search ESTONIAN SCIENCE FOUNDATION: https://www.etag.ee/en/cooperation/horizon- 2020/ Estonian ENVIRONMENTAL INVESTMENT CENTRE: https://kik.ee/en/supported-activities Governmental funding EU OPEN APPLICATIONS: https://www.struktuurifondid.ee/eng/avatud- taotlusvoorud
INDIAN GOVERNMENTAL FUNING INDIAN GOVERNMENTAL FUNING GOVERNMENT OF INDIA, MINISTRY OF COMMERCE AND INDUSTRY: https://dipp.gov.in/ GETTING STARTED: https://ngosindia.com/ngo-funding/government- funding/ GOVERNMENTAL FUNDING OPPORTUNITIES FOR NGOS IN INDIA: https://ngodarpan.gov.in/index.php/home/schemewis e
GREEN AND SOCIO-ECONOMICAL PROJECTS: Supported by EU since 2000 Global Environment Facility (GEF) Government of Azerbaijan ------------------------------------------- United Nations Development Programme (UNDP) UNDEP s Environmental thematic trust fund United States Agency of International Development (USAID) Government of Switserland Coca-Cola Foundation Green Climate Fund (GCF) --------------------------------------------- https://az.usembassy.gov/notice-of- funding-opportunity/ Azerbaijan Governmental Funding
