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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Investigate funding opportunities for project
   • Determine the scope and funding needs of project
   • Calculate optimum funding arrangements
   • Research potential funding sources and the activities they support, eligibility and selection processes
2. Develop a funding proposal
   • Summarise the proposed project, the purpose of funding and the amount sought
   • Determine project timelines and budget breakdown
   • Prepare funding documentation
   • Collate additional materials and testimonials to support request for funding
   • Arrange an independent review of funding proposal and seek tax and regulatory advice where necessary
   • Prepare return on investment information for potential investors
3. Pitch project and funding request
   • Plan and document presentation approach and intended outcomes
   • Choosepresentation strategies, format and delivery methodsthat match thecharacteristicsof the target audience
   • Selectpresentation aids, materialsandtechniquesthat suit the format and purpose of the presentation
   • Present proposal using persuasive communication techniques to secure audience interest
   • Respond to audience questions on central ideas and concepts
   • Evaluate presentation to identify strengths and weaknesses to inform subsequent presentations
4. Examine terms and conditions of potential funding
   • Review funding agreement and clarify terms and conditions of funding
   • Ascertain reporting requirements
   • Establish processes to monitor compliance and report project progress

Performance Evidence

Evidence of the ability to:

research funding sources

develop viable funding proposals

prepare and deliver project pitch using effective presentation strategies and communication techniques

interpret funding agreements.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

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Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

explain the range of potential funding sources and the channels through which they are publicised

describe project proposal information required to support request for funding

explain key features of a project pitch

outline issues and challenges that typically arise in the context of securing funding for projects and how they might be overcome.

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