Unit of competency Outline
Date retreived
22/07/2026 3:34 PM AWST
22/07/2026 3:34 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Source funding for projects
Source funding for projects
Unit of competency
National Code
CUAFIM511
CUAFIM511
State Code
ODD13
ODD13
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
26/11/2021
Field of Education
080301 - Business Management
Original Release Date
26/11/2021
Nominal Hours
65
Description
This unit describes the skills and knowledge required to raise money for creative or artistic projects. It involves investigating different funding opportunities, developing a proposal for pitching, presenting the proposal to an audience and examining the terms and conditions of potential funding.The unit applies to those 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 required 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 in the required format
- 2.4 Collate additional materials and testimonials to support request for funding
- 2.5 Arrange an independent review of funding proposal and seek tax and regulatory advice where required
- 2.6 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 methods according to the target audience
- 3.3 Selectpresentation aids, materialsandtechniquesaccording to 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 and 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 Determine reporting requirements for funding
- 4.3 Establish processes to monitor compliance and report project progress
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWJ07 | CUAFIM501 | Source funding for projects | Unit of competency |