Unit of competency Outline

Date retreived
22/07/2026 10:14 AM AWST

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Source funding for projects

Source funding for projects

Unit of competency
National Code
CUAFIM501
State Code
AWJ07
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
15/01/2016
View on TGA
State Implementation and Classification
Approved Date
21/07/2016
Field of Education
080301 - Business Management
Original Release Date
21/07/2016
Nominal Hours
65
Description
This unit describes the skills and knowledge required to raise money for a creative or artistic project.It applies to individuals who determine the amount of funding required, locate likely funding sources, develop funding proposals and identify opportunities for future funding.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Investigate funding opportunities for project
  • 1.1 Determine the scope and funding needs of project
  • 1.2 Calculate optimum funding arrangements
  • 1.3 Research potential funding sources and the activities they support, eligibility and selection processes
2. Develop a funding proposal
  • 2.1 Summarise the proposed project, the purpose of funding and the amount sought
  • 2.2 Determine project timelines and budget breakdown
  • 2.3 Prepare funding documentation
  • 2.4 Collate additional materials and testimonials to support request for funding
  • 2.4 Arrange an independent review of funding proposal and seek tax and regulatory advice where necessary
  • 2.5 Prepare return on investment information for potential investors
3. Pitch project and funding request
  • 3.1 Plan and document presentation approach and intended outcomes
  • 3.2 Choosepresentation strategies, format and delivery methodsthat match thecharacteristicsof the target audience
  • 3.3 Selectpresentation aids, materialsandtechniquesthat suit the format and purpose of the presentation
  • 3.4 Present proposal using persuasive communication techniques to secure audience interest
  • 3.5 Respond to audience questions on central ideas and concepts
  • 3.6 Evaluate presentation to identify strengths and weaknesses to inform subsequent presentations
4. Examine terms and conditions of potential funding
  • 4.1 Review funding agreement and clarify terms and conditions of funding
  • 4.2 Ascertain reporting requirements
  • 4.3 Establish processes to monitor compliance and report project progress
No information
No information
Replaces
State Code National Code Title Type
D2882 CUSFIM501A Secure funding for projects Unit of competency
Replaced By
State Code National Code Title Type
ODD13 CUAFIM511 Source funding for projects Unit of competency