Funding news round up: early October 2018 (2024)

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Funding news round up: early October 2018 (1)

Melanie May| 5 October 2018 |News

  • Tagged with:
  • funding
  • grants

Here is some of the funding news announced over the past week: from grants awarded, to opportunities still open for applications.

A new donation from the Dennis and Mireille Gillings Foundation unites funders for a £1.35 million programme to develop a new generation of leaders across the life sciences sectors – applications for #FLIER are open now: https://t.co/nTlEZUko2L pic.twitter.com/bLvKeh0sYn

— Academy of Medical Sciences (@acmedsci) September 28, 2018

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Dennis & Mireille Gillings Foundation pledge support to Academy of Medical Sciences

The Academy of Medical Sciences has received a pledge of £600,000 from the Dennis and Mireille Gillings Foundation towards a pilot programme to develop two cohorts of new leaders in medical science. This pledge along with a£750,000 commitment from the UK Government through theirInvestment in Research Talent provides a total investment of £1.35m towards creating the leaders. The programme, called Future Leaders in Innovation, Enterprise and Research (FLIER), will develop future leaders in biomedical and health research who can create the collaborations and partnerships needed to drive innovations across the life sciences sector. Representatives from pharma, biotech and MedTech companies including GSK, BTG International and BenevolentAI have been involved in scoping the programme.

The latest beneficiary of our Family & Friends programme is the fantastic @EveryParentChd, supporting young people in #London with Special Educational Needs and/or #disability to thrive and succeed in #education and in their #communities. https://t.co/4gfnClQeS4 #CharityTuesday pic.twitter.com/kngCsbugkO

— CareTech Foundation (@CareTechFdn) September 4, 2018

CareTech Foundation awards Family and Friends Grants

Over the last six months, the CareTech Foundation has granted a total of £11,525 to a range of charities through its Family and Friends grants programme. This is in addition to the Foundation’s Partnership Grants, where it has granted over £190,303, and its Match-Funding grants where the Foundation has already provided £2,265 grants to match the fundraising efforts of 10 CareTech staff and service users. Since March, the foundation has made grants to a number of charities including those working with special needs schools, sports and activity events, and those helping young people from low-income families to enjoy new adventures. Benefitting charities include SATRO, Every Parent & Child, and Leatherhead Swans Club. To apply, charities must complete an eligibility test on the Foundation’s site.

Have you considered applying to the Tampon Tax Community Fund? Grant Size: £5,000-£10,000. Priorities: Women and girl organisations working on building skills and confidence, improving health & wellbeing, building social networks! Check it out here: https://t.co/WMfUCseLIO pic.twitter.com/pyDIVf2GdX

— Community Foundation (@CFNIreland) October 3, 2018

NI women to benefit from share of £3.4 million UK Tampon Tax Fund

The Community Foundation is set to deliver a share of the UK Tampon Tax Fund to women in Northern Ireland and has opened a new fund to benefit women here. Grants of between £5,000 and £10,000 are now available from the Foundation’s Tampon Tax Community Fund to support projects undertaken by organisations working with women or girls. A key focus will be funding preventative work to reduce the risk of crisis at different life stages. This may be by helping women and girls get into or back into work, by raising awareness about health issues, or by creating and developing peer networks. The Tampon Tax Community Fund allocates funds generated from the VAT on sanitary products to projects that improve the lives of disadvantaged women and girls. The fund is now open and will close for applications at 1pm on 29 October 2018.

Grants are still open for the #TamponTax Community Fund. The network will be funding a broad range of topics across the UK that help women and girls overcome key barriers. Contact your local Community Foundation to find out more! Find your local CF here: https://t.co/B3RLzhOecq pic.twitter.com/AAx5kd2qU8

— UK Community Foundations (@UKCF_tweets) October 4, 2018


Funding is also available across the UK through the Tampon Tax Community Fund. Grants of £5,000 – £10,000 are available and applications are through local Community Foundations.

NEWS | The London Marathon Charitable Trust has announced that four winning sites will receive a major grant as part of its first national funding initiative. ?#LondonMarathonhttps://t.co/oeD9oTdwyK

— London Marathon (@LondonMarathon) September 24, 2018

London Marathon Charitable Trust announces Active Spaces recipients

The London Marathon Charitable Trust has announced four winning sites to receive a major grant of £25,000 as part of its first national funding initiative, Active Spaces. The winning sites were chosen based on the ability to deliver the most significant impact in line with the Active Spaces programme vision: to safeguard green spaces for future generations and engage more inactive people in physical activity. Delivered in partnership with the Fields in Trust charity, Active Spaces is an ongoingprogramme to secure 50 new Fields in Trust protected sites across the UK and deliver improved park facilities and infrastructure. Four sites – one from each home nation (England, Northern Ireland, Scotland and Wales)have been chosen: England’s Halewood Park, Northern Ireland – Ballymena People’s Park, Scotland’s West Pilton Park, and Wales’s Gelligaled Park.

Funding news round up: early October 2018 (3)

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Funding news round up: early October 2018 (4)

Funding news round up: early October 2018 (5)

About Melanie May
Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via thepurplepim.com.

Funding news round up: early October 2018 (2024)

FAQs

How long should a funding round last? ›

As a general rule of thumb, funding should last somewhere between 12 and 18 months. It should be enough capital to allow you to comfortably hit your goals and the forecast you laid out during your pitching and fundraising process.

What is a grant round of funding? ›

Grant: A grant is when a company, investor, or government agency provides capital to a company without taking an equity stake in the company. Corporate Round: A corporate round occurs when a company, rather than a venture capital firm, makes an investment in another company.

How many funding rounds are there? ›

The initial investment—also known as seed funding—is followed by various rounds, known as Series A, B, and C. A new valuation is done at the time of each funding round. Various factors, including market size, company potential, current revenues, and management determine valuations.

How do you announce new funding? ›

Include specifics on the momentum your company has created in the market so far. Consider describing how you will use the funding. For example, it might “help fund technology development” or “help hire engineering talent” or “help expand marketing activities.” Keep the release short and focused on the investment.

How much is a typical Series A funding round? ›

How much money is involved in a Series A funding round? The investment in series A is higher than the seed round— usually $2 million to $15 million.

Why do companies do funding rounds? ›

Funding rounds are the number of times a startup goes back to the market to raise more capital. The goal of every round is for founders to trade equity in their business for the capital they can utilize to advance their companies to the next level.

What percentage of startups get funding? ›

Only 0.05% of startups get VC funding

Many promising startups seek venture capital as a way to secure investment, but it's extremely competitive and rare. A mere 0.05% of startups get VC funding.

Who leads a funding round? ›

In the context of institutional funding, a lead investor is a person or an organisation that plays a central role in a funding round. They are the largest investor in the funding round and can have a significant influence on the direction and strategy of the company.

How do you prepare for a funding round? ›

How to plan for a funding round
  1. Research your investors. First and foremost, do your research about exactly what your investors are looking for from a funding pitch. ...
  2. Prepare your pitch. ...
  3. Hone your pitch deck. ...
  4. Prepare a cash flow forecast. ...
  5. Include a capitalisation table. ...
  6. Companies House filings. ...
  7. Pre-seed funding. ...
  8. Seed funding.
Nov 18, 2021

What is the first round of funding for a startup called? ›

The seed round is the first step of external equity funding. Venture capitalists, or, most commonly, angel investors, help the company establish a fundamental ground for running a business. With seed capital, startups can perform market research and develop their product.

How long does it take to raise a round of funding? ›

The average startup now takes over 2 years to raise a Series A after their priced Seed round. That same figure is 844 days between A and B rounds, and a whopping 1,090 days between Series B and Series C.

Which funding is best for startups? ›

Venture capital is funding that's invested in startups and small businesses that are usually high risk, but also have the potential for exponential growth. The goal of a venture capital investment is a very high return for the venture capital firm, usually in the form of an acquisition of the startup or an IPO.

What is a qualified funding round? ›

Qualified Financing refers to a specific type of financing round that occurs in the context of startup funding. In this round, investors must meet certain criteria to participate. It is an important milestone for startups as it often signifies a significant level of progress and validation.

How do I announce the seed round? ›

How To Announce Your Seed Round
  1. Define your audience and goals. ...
  2. Develop a sense of the story. ...
  3. Create your target list. ...
  4. Create your pitch. ...
  5. Time your pitches. ...
  6. If the pitch isn't working.

How do you present a funding request? ›

General guidelines for writing funding applications
  1. Always keep your project plan in mind. ...
  2. Write in plain English. ...
  3. Be specific about what you plan to do. ...
  4. Focus your application on the funder's priorities. ...
  5. Provide evidence that your work is needed.

How do you write a fund commentary? ›

Be possessive and precise The tone of the market improved by the end of the week. Each month, you can expect a summary report via email that includes your portfolio's performance results, attribution analysis on our valuation model and portfolio characteristics.

How do you announce a fundraising campaign? ›

Announce the project being funded and the official fundraising goal of the campaign. Recognize the high-impact donors and campaign volunteers who've already contributed. Celebrate the progress you've made toward your campaign goal.

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