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The Funding Network launches in St Albans

Melanie May | 17 May 2016 | News

The Funding Network is looking for not-for-profit organisations in and around St Albans to pitch projects that they would like financial help with at a Dragons’ Den-type crowdfunding event in September.
Organisations have until 20th June to apply, and up to four will make it through to pitch for up to £3,000 at the event, which takes place at the Verulamium Museum in St Albans on 2nd September. All projects need to be sponsored by someone who is prepared to come to the event and publicly pledge the first £250.
Organisations are given six minutes to make their presentation, followed by a further six minutes to respond to questions from the audience. After all the projects have pitched the audience comes together for the pledging session, and the amount that each of the projects receives depends on what the attendees at the event pledge towards it.
Organisations do not have to be registered charities. Any organisation will be considered as long as it is not-for-profit with charitable aims and looking to achieve social change, and priority is given to small or medium-sized organisations where up to £3,000 would make a significant contribution.
Types of projects that The Funding Network is interested in include those that:

Richard Sved, one of the organisers of the event, said:

“We’re so excited about this. It’s a great chance for local charities to tell their story to a room packed full of potential donors. And also for attendees to learn about and support the wonderful work that’s happening, and to experience the power of giving collectively.”

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Information on how to apply is available on The Funding Network site.

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