Funding Proposal: Social Enterprise Development of Bamboo Crafts

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This document presents a funding proposal for 'Shree Bamboo Crafts,' a social enterprise based in the United Kingdom. The project aims to address development problems by leveraging the potential of bamboo crafts to create job opportunities and promote environmental sustainability. The proposal details the project's context, approach, management structure, and anticipated outcomes, including a 10% profit generation. It identifies key risks, such as technological issues and market competition, and outlines mitigation strategies. The budget section provides a breakdown of the required funding for various aspects of the project. The proposal emphasizes the importance of sustainability and ethical considerations in ensuring the long-term success and impact of the social enterprise. Desklib provides access to this and other solved assignments for students.
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Funding Proposal for
Social Enterprise
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Contents
INTRODUCTION...........................................................................................................................................3
BASIC INFORMATION...................................................................................................................................3
What is the name of the organisation?...................................................................................................3
What is the project title?.........................................................................................................................3
Where will the project be implemented?................................................................................................3
Why has this particular project location been selected?.........................................................................3
Who are direct beneficiaries and how many will be expected to benefit?..............................................4
PROJECT CONTEXT.......................................................................................................................................4
What are the development problem(s) that the project is aiming to address?.......................................4
How are these problems affecting the lives of the target population?...................................................5
What are the causal factors and effects of these problems?...................................................................5
PROJECT APPROACH/METHDOLOGY...........................................................................................................5
What is the overall aim that the project intends to achieve?..................................................................5
Why do you consider this to be the most effective approach?...............................................................6
Are there any special considerations which need to be taken into account to ensure equal access for
those who can benefit from the project?................................................................................................6
PROJECT MANAGEMENT.............................................................................................................................6
What are the staffing requirements for the project?..............................................................................6
What are the roles and responsibilities of each of the project staff?......................................................6
Are there any other stakeholders who will have a role in the delivery of the project? If yes, what will
their role be?...........................................................................................................................................7
PROJECT OUTCOMES...................................................................................................................................7
How will you ensure that the benefits of the project for the beneficiary population will be sustained? 8
PROJECT RISKS AND MITIGATION................................................................................................................8
What are the main risks to the success of the project?...........................................................................8
How will these risks be monitored and mitigated?.................................................................................9
If the risks are outside your direct control, is there anything you can do to manage their effects?......10
PROJECT BUDGET......................................................................................................................................10
CONCLUSION.............................................................................................................................................13
REFERENCES..............................................................................................................................................14
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INTRODUCTION
A social business is a nonprofit method that enables entrepreneurship, market-driven
techniques to generate revenue to fund its purpose. Whenever it comes to beginning or
expanding a firm, strategic planning is a typical tool used by businesspeople. A corporate
strategy is crucial for charities that are launching or expanding a social enterprise as component
of their programme operations. Although social enterprise strategic planning answers all of the
issues that every corporation must, NGOs must also examine purpose coherence, organizational
background and architecture, and financially and socially impact measurement. This report based
on the funding for social enterprises in which consider Bamboo Crafts. In this report consist of
basic information about the project, associate risks and problems. Along with consist of budget
for the project that helps to predict future activities.
BASIC INFORMATION
What is the name of the organisation?
The name of the organisation is “Shree Bamboo Crafts” which is set up in United
Kingdom. The organisation started in developing countries because here people take these types
of crafts in broad manner.
What is the project title?
The title of the project “Funding for social enterprise”.
Where will the project be implemented?
The project will be implemented At London, United Kingdom. United Kingdom is developing
countries where people like t craft of different things and purchase it.
Why has this particular project location been selected?
Bamboo may be grown in many parts of the world, including the United Kingdom. The
bamboo plant has increased in popularity in the United Kingdom throughout time. Nevertheless,
there are several varieties of this plant that thrive in cooler regions. Between architects and
engineers, bamboo is widely respected. ‘Bamboo is robust, flexible, resilient, and attractive,'
explains Gale Beth Goldberg, an American architect. Simon Velez, a Colombia architect who
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has used bamboo to construct sports stadiums and massive factory roofs, refers to it as "steel
form environment."
Who are direct beneficiaries and how many will be expected to benefit?
Direct benefits achieve by the company owner because he is invested amount in large
manner. Along with any partner invest into company also get benefits from this project. It is
expected to company generate 10% profit from this project and increase year by year as
according to business activities.
PROJECT CONTEXT
What are the development problem(s) that the project is aiming to address?
The Project Development Objectives (PDO) are designed to help institutions improve their
ability to offer the highest, customer training programmers in certain industries. Building,
industry, and farming are the industries targeted. Because most craftsmen have intrinsic art that
may be transformed into a profession, handicrafts have a tremendous capability to yield job
possibilities to millions of craftspeople dispersed across the country.
Environmental effect: Environmental degradation has become a serious concern in recent years,
together with improved trade and business with ever technology. The ways of life to which
humans have been acclimated have a tremendous impact on the earth's ecosystem. As concerns
about green, ecological sustainability become more prevalent, the creative profession is
beginning to appreciate green concepts. Due to the tiredness of energy supply and the
advancement of classical handi-craft reinvigoration, the two topics "climate" and "heritage,"
which are valued by different countries around the world, have merged green design ideas with
craftsmanship to form a new pattern in the artisan and layout businesses.
Lack of knowledge: For bamboo craft development require proper knowledge about these
things.
Lack of equipment: Due to lack of equipment people do not able to take these things in proper
manner.
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Technology issue: Recently new technology com in modern world but company do not able to
purchase these technology so it impact on the business in direct manner.
How are these problems affecting the lives of the target population?
The target demographic is crucial for 3 motives: Establishes a clear orientation for the
research's aim and aim, as well as the data kinds. Refers to the features of the people who are
eligible for the research. For estimating sample group, the range of the whole population for the
purpose is provided.
The target demographic is crucial for three reasons: Establishes a clear perspective for the
research's range and aim, as well as the information kinds. Refer to the features of the people
who are eligible for the research. For estimating sample size, the range of the whole population
for the purpose is provided.
What are the causal factors and effects of these problems?
An unexpected, substantial contribution to an incident (a negative event or unpleasant state)
that, if removed, would have either averted or reduced the severity or occurrence of the
occurrence. Also defined as a contributory cause or a significant causal element. It's a method for
determining all of the possible sources of an issue. This implies you can discover and address the
root because the first time, rather than having the issue persist.
Bamboo has the potential to be an invasive species, posing a danger to species. Bamboo that
expands and exits your yard may also be harmful to the environment. Many varieties of
expanding bamboo are classified as introduced species vegetation that squeeze out natural
vegetation and pose a danger to diversity.
PROJECT APPROACH/METHDOLOGY
What is the overall aim that the project intends to achieve?
According to one of the suggestions, the Technology Information Foresight and
Assessment Council (tifac) will get a nearly nine-fold boost in funds for a specific study on
bamboo uses. We also intend to use bamboo as a solution in a variety of sectors, including
housing, food, jobs, and the ecology. Numerous segments and sub on bamboo cases utilizing 41
organizations have been launched with these goals in mind.
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Why do you consider this to be the most effective approach?
Way to control your time more effectively is one of the most effective methods to increase
your productivity at work. Knowing how to handle stress, developing your language skills, and
taking action on professional growth are all important topics to focus on. Each of these factors
can have a significant influence on organizational productivity.
Are there any special considerations which need to be taken into account to ensure equal access
for those who can benefit from the project?
PROJECT MANAGEMENT
What are the staffing requirements for the project?
The major goal of the project management staffing strategy is to identify the precise skill sets
needed to complete work package. Putting set a time timetable for particular skill needs
regarding the project timeline and task plan is part of the staffing strategy. Descriptions of
requirements are for a certain occupational category or code. If a prediction is created, Labour
Administration consults the required criteria to determine the number of labour hours needed to
satisfy the anticipated value's needs.
What are the roles and responsibilities of each of the project staff?
Project manager: Project managers are largely responsible for ensuring that the project is
completed according to schedule. They generally take a lead role in the entire planning,
execution, monitoring, regulating, and closure of projects, based on the kind of project
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organisation. This involves monitoring, evaluating, and prioritising day-to-day project tasks with
the goal of being on schedule and within budget, and also program resource management.
Project team: The project team is made up of full-time or part-time personnel who are
responsible for various project key deliverables. They are in charge of adding to the
development's goals defined as well as the individual team achievements. Every project's
seamless and effective execution requires a multidisciplinary approach with the proper balance
of skills and knowledge.
Steering committee: The steering committee monitors the whole project lifecycle, offering
guidance on the strategic plan, and is made up of top managers and other elevated stakeholders
(individuals or organizations that have a stake or an interest in the project's success). They act as
the project's 'leadership' support, resolving concerns raised by the Project Leader and deciding on
any requests to modify project related aspects including outputs, schedules, and budgets.
Are there any other stakeholders who will have a role in the delivery of the project? If yes, what
will their role be?
Main stakeholders have a direct impact on decision-making, whereas secondary
stakeholders, such as the builder who built the ship and the government department that
approved the safety inspection, have an impact on judgment but do not have a primary stake in
the project. The strategy should be clear and precise, with no ambiguity, so that the objectives
are met. In the case of theBamboo, the stakeholders involved were more concerned with the
magnificent ship, while the secondary stakeholders were more concerned with security and
prevention methods.
A good follow-up of ethical motives and beliefs is required. In this regard, numerous
ethical considerations were impeded during the rescue of people from the ocean liner RMS
Titanic, and the ratio of saving children was different. Some third-class guests were unaware of
the ship's lifeboat position, which is unethical and degrades stakeholders' attitude. This
demonstrated that the crew was focused on the safety of a subset of passengers rather than all of
them.
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PROJECT OUTCOMES
How will you ensure that the benefits of the project for the beneficiary population will be
sustained?
In the projects professions, sustainability is a business model that integrates the
environmental, ethical, and information to complete of construction work to fulfill present
stakeholder demands while jeopardizing or overburdening following generations. The project
beneficiaries, also known as the target group or project benefits, are the individuals who will
profit from the initiative. They are people wishing to alter their situation by adopting an idea.
The project may have an impact on them explicitly or implicitly.
In modern environment, project sustainability is more essential than ever. Personal and
corporate accountability is required to guarantee that project results, results, and advantages are
durable throughout their life cycles, as well as throughout their production, destruction, and
deactivation. Building sustainable into the project's concept from the start - if it's built in as a
fundamental need from the beginning, it can't be bargained or ignored. Durability is important in
every aspect of construction employment. The procurement department, for instance, is looking
for ways to purchase from renewable materials and improve the supply chain's efficiency.
PROJECT RISKS AND MITIGATION
What are the main risks to the success of the project?
HIGH Availability of improving
technology
(Positive)
Delay in project planning
(negative)
Thefts of Pickpocketing
(negative)
Overshoot budget cost
(negative )
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LOW
Based on risk assessment matrix, risk register has been designed:
Risk Description of risk
Positive/Negative
Probability impact Strategy to deal with risk
Delay in project
planning
Negative High probability/
High impact
It can be avoid by formulating
effective plans and strategy to
complete project.
Thefts or
pickpocketing
Negative Low probability/
Low impact
Transfer the responsibility and
keeping tight security that can
help to ignore such problem.
Negotiation
with sponsors
Positive Low probability/
high impact
This can help to deal with
problem positively by securing
project and influencing
participants.
Availability of
improving
technology
Positive High probability/
High impact
This can be adopt by arranging
the funds from different sources
and sharing with all project
members.
Overshot budget
cost
Negative Low probability/
high impact
This can be mitigate by
formulating budget and allocating
in different activities.
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How will these risks be monitored and mitigated?
These alternatives are based on a calculated mix of the risk's likelihood of occurrence and
severity of the outcome. Those principles are applicable for many projects and programmers, but
not all.
Assume/Accept: Recognize the presence of a certain danger and make a conscious decision to
embrace it without making extra measures to mitigate it. The project or programme leaders'
permission is necessary.
To avoid or decrease the danger, change the program's objectives or limitations. A modification
in financing, scheduling, or technological needs could be able to handle this modification.
Control: Take measures to reduce the risk's effect or possibility.
Reassign organizational accountability, duty, and authority to a multiple stakeholders who is
ready to bear the risk.
Watch/Monitor: Keep an eye on the surroundings for any developments that may have an
influence on the natural world or the impact of the technology.
If the risks are outside your direct control, is there anything you can do to manage their effects?
The act of detecting, assessing, and oppressing such risks as a defensive style to preparing
for the unforeseen is known as pure risk management. Threat mitigation techniques like as
avoidance, retention, partnering, transferring, and loss management aims to reduce may be
applied to all aspects of a person's life and can work out in the long term.
Avoidance refers to refraining from participating in conduct that may be harmful to your
health; tobacco is an outstanding demonstration.
Retention recognizes the certainty of some risks, and in the case of health care, it may
imply choosing a less costly health insurance policy with a larger threshold rate.
The concept of risk sharing may be applied to how employer-provided healthcare are
frequently less expensive than purchasing health care insurance.
In medicine, risk transfer refers to the exchange of the costs of healthcare from the person
to the insurer, in addition to the cost of payments and a threshold.
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