You can receive financial support for your social project in these ways
Every social project stands or falls with successful funding. Collecting donations, submitting applications to funding foundations and applying for public funding are part of almost every fundraising concept. Another method of project financing that many NPOs and social projects do not yet utilize and that is already an integral part of the financing plan for social enterprises is investors. As donors for social projects, they promise a stable financial basis and thus enable sustainable action, long-term planning and growth. Impact investing is interesting for foundations as well as for social enterprises and philanthropically oriented investors because it gives them the opportunity not only to support social projects financially, but also to contribute their expertise, experience, ideas and networks.
How do I find social investors & donors for my social project?
Step 1: Create a project outline. Before you start looking for investors for your social project, you should clearly
Step 2: Research possible contact persons.
The best place to start your research is with existing contacts and resources. Contact previous cooperation partners, foundations and companies that you already know. Databases and platforms (such as
Compatibility between the investor and the social project is crucial for successful collaboration. The ideas, values and objectives must match. Not everyone who is willing to participate in the financing of your social project is suitable as an investor. It is equally important that you can trust the potential donors.
From initial contact to signing the contract: convincing investors of the merits of a social project
Financial returns play a subordinate role in social projects and social enterprises. This makes it all the more important to be well prepared and professional when looking for social investors.
Step 3: Prepare documents that you can send to interested parties quickly and easily. This includes
- a detailed company profile or project exposé
- a project plan with financial forecasts
- a summary of the social impact, vision and goals
- the investment requirement
For meetings and negotiations, you should summarize all this information in an appealing and convincing presentation. Prepare coherent arguments and prepare for possible questions and negotiation points. In the best case scenario, after a few meetings you will have social investors who are convinced of your idea and want to finance your social project.
Step 4: The rights and obligations of both parties, the financial conditions, scope of the collaboration, term and exit options should then be set out in a written contract. Questions of liability and risk distribution, intellectual property, control and co-determination rights as well as tax aspects should also be clarified and recorded in advance. If you are not a specialist yourself, you should seek legal advice for this step in order to adequately consider possible errors, risks and legal aspects.
A thousand ways, one platform: financing for social projects via Spheriq
As the largest digital philanthropy community in Switzerland, Spheriq is an important resource for project funding for many social projects and organizations. Non-profit organizations, funding organizations and experts come together via the intuitive search function. Thanks to your personal dashboard, a clever matching function and the latest news from the world of philanthropy, you will also constantly receive new inspiration and suggestions for further cooperation partnerships. Whether you are looking for an investor for your social project, seeking traditional support from foundations or want to collect donations. With the Spheriq Foundation Directory and the associated donation platform, you have all the funding options open to you for your social project.
