Believe it or not, there are still funding programmes in the UK, but it can be a nightmare to identify those right for your business. Phil Thompson, head of BPIF Business, explains how to find project funding.
Searching the Internet for funding is a long-winded process, but bookmarking useful sites and signing up for RSS and Twitter feeds is a useful way to keep abreast of developments as programme criteria are often altered and deadlines launched with very little notice. Similarly, the regional press is a really good reference source. You may read about a funding programme when the funder announces the successful applications under that particular round. While it does not help you this time around, it is always a good idea to make a note of the fund details so that you have a folder of potential funders you can refer to at a later stage. And there’s the BPIF funding search service (called Funding Finder), which allows you to home in on funding opportunities according to various criteria.