Finding the funds to start a new club can be a big issue; so do we know of any specific funding streams you can apply for? Depending on what you want to do, there are a number of sources you could try. A point to note is that the amount of money needed for a club is generally small and most science based grant funds are only available for much larger projects. Nevertheless, here are some suggested starting points:
Your first port-of-call should be your head of department or headteacher. Explain what you are setting up and what the benefits to the school will be.
Directory of Grant Making Trusts - available at your local reference library; look for details of local grant funds that you could apply for.
Talk to your PTA – could they raise some money for start-up costs?
Try your local STEMNET Contract Holder – they may know of resource boxes you could borrow, likely local sources of money or local sponsorship schemes.
Most clubs cost between £100 and £5000 per year to run, depending on the number of participants and the equipment need. We recommend that you develop a comprehensive budget projection for the first year during your initial planning.
When applying for funding make sure you are specific about:
What you want to do.
Who your target audience are.
What specifically you will spend the money on.
Any collaborative or partnership work.
The outcomes (preferably measurable).
How you are going to evaluate success.
This will enhance the chances of being successful with your application.
One way to ensure sustainability is to seek a start up grant and then charge a small club membership fee to cover the cost of the consumables needed.
Funding is always easier to obtain to start up a new project and can be much more difficult to source for continuing it.
Schools should remember that any donations made by parents (e.g. a one-off payment at the start to term to cover trips & extra-curricular activities) can be Gift Aided, giving an extra 25%.