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After the vote in June, quite a few charities have been seeking our counsel concerning the impact of the decision to leave the EU. Additionally, some enterprises have found their projects positioned in very uncertain situations, with applications to monetary funds like the ERDF (European Regional Development Fund) pending and no firm or reliable guidance from the Government or regional LEPs as to whether the financing streams will still come to fruition.

Whilst at this stage no one knows with assurance what the effect will be, we 'd suggest that non profit organisations faced with the difficulty of an unknown outcome from European funding comply with these key steps:

1. Don't Panic!

In the years following 2008, charities as well as not-for-profits across the UK endured one of the most awful periods of economic downturn the country has ever seen. If you managed to get through the tough times of the last 8 years, you're highly likely to make it through BREXIT too. hlf bid writers is seen as a site that is loaded with lots of up to date information on hlf resilient heritage.

2. Talk With Current Funders

If you're mid-way through fundraising for a big project, speak with your present funders now. In case they have committed already it's since they believe in your project and will certainly be understanding of your predicament - some may even raise their grant offer to cover a possible shortfall.

3. Mitigate

Facing the problem head on and giving a brief review of precisely how you plan to mitigate against a possible funding deficit - seeking other funders, scaling or phasing a project and so on - will certainly be perceived positively by both existing and potential benefactors alike, creating confidence in your organisation.

In case you need guidance concerning your growth strategies or fundraising difficulties, don't hesitate to contact one of our Directors for an informal conversation.


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