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Finding Funders for Your South African Social Enterprise

| Ruen Govinder | SEC Blog

Securing funding for an organisation can be a discouraging task. Although numerous resources are available, these sources are highly competitive and even identifying appropriate funders can be daunting. However, by leveraging the right tools and strategies, you can increase your chances of success.

GivingImageHere are some strategies that will get you started:

  • Funding Guide on the SEC Website: The Social Enterprise Collective (SEC) offers a comprehensive funding guide on their website, providing valuable insights into various funding opportunities for social enterprises and non-profits. This resource can serve as a starting point for your search, helping you understand the different funding sources and their requirements. Access to the Funding Guide is granted through a free membership.

  • Inyathelo, a South African non-profit organisation, has developed a Funding Finder tool specifically designed for South African non-profit sector. This searchable database allows you to filter funding opportunities based on your organisation's focus area, location, and other criteria, making it easier to identify relevant funding sources.

  • The website fundsforNGOs is a valuable resource that aggregates funding opportunities from various sources, including government agencies, international organisations, and private foundations. By subscribing to their updates, you can stay informed about new funding calls relevant to your organisation.

  • Regularly monitoring the National Lotteries pages can provide you with information about funding calls and opportunities aligned with your organisation's objectives.

  • Trialogue's Business in Society Handbook is a comprehensive guide that outlines the CSI focus areas of various corporations in South Africa. By studying this resource, you can identify companies that invest in causes related to your organisation's work, enabling you to tailor your funding proposals accordingly.

In addition to leveraging these resources, conducting effective web searches can significantly enhance your ability to find potential funders. Here are some tips:

  • Use specific keywords relevant to your organisation's focus area, such as "education funding in South Africa" or "environmental grants for non-profits."

  • Explore funding directories and databases like GuideStar, or The Foundation Centre which curate funding opportunities from various sources.

  • Monitor social media platforms and follow organisations, foundations, and companies that align with your cause, as they often share funding announcements on these channels.

  • Set up Google Alerts or RSS feeds to receive notifications when new funding opportunities or relevant articles are published online.

  • Attend networking events, conferences, or workshops related to your field, as these can provide valuable insights into funding trends and connections with potential funders.

Remember, securing funding is an ongoing process that requires persistence, creativity, and a compelling value proposition. By leveraging the resources mentioned above and conducting thorough research, you can increase your chances of identifying potential investors or funders who share your vision and are willing to support your social enterprise and non-profit initiatives.

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