While it’s unlikely to have drawn the most attention over the past few weeks, the Trust Capacity Fund 2020, an initiative from the government, represents an opportunity that your trust should not be missing out on.
In our previous two blog posts, we explained how Eduprise could help trusts looking to receive Trust Capacity Funding through strands A1 and A2. For some of our potential partners, their trust will not have met the strict eligibility requirements for these strands. However, there is still another option.
In this article, the path will be made clear for those trusts looking to secure funding with Eduprise through strand B.
B: Accelerate the Development of Mid-Sized Trusts with the Potential to be Strong
In the two paths to Trust Capacity Fund investment we have previously discussed, eligibility has been limited to a select fraction of the UK’s MATs. Strand B, however, is open to the vast majority of trusts. Furthermore, this strand’s definition means trusts can apply for a wider range of projects through it than the other strands.
At Eduprise, we are adamant in our belief that strategically planned, expertly produced, and suitably modern communications can have a significant positive impact on outcomes at schools and trusts. As a result, those schools and trusts have a considerable advantage when looking to develop and progress.
One of our primary objectives as an agency is to help improve the finances of the trusts we work with. Firstly, we help our clients reduce costs by making sure that, through our content team, they are able to deliver high-quality, trust-wide communications as efficiently as possible. Secondly, we help increase their income through strategic content, based around the school calendar. These communications focus on increasing admissions — directly and through the enhancing intangible factors like reputation and awareness — in both the short and the long term.
As well as having a financial impact, professional communications also strengthen school-parent relationships, which directly improves pupil outcomes and attainment. In an age when a large majority of parents and carers will be active on social media, there is ample opportunity for schools and trusts to forge meaningful partnerships with parents by upholding a consistent and engaging social media presence.
All of the above factors demonstrate that communications are an integral part of any successful educational institution.
The Trust Capacity Fund’s strand B gives trusts around the country the opportunity to transform their communications capability through funding from the government. If this sounds appealing, get in touch with us today.
Meeting the Criteria
Regardless of strand, all applications are judged on the following criteria:
- Geographical Need
- Contextual Need
- Value for Money
- Resource Management
While we would be unable to influence any trusts’ case in terms of geographical need and contextual need, a project involving Eduprise would succeed in the remaining categories of assessment.
In terms of deliverability, applicants would need to provide assessors with assurance that all funded activities will be completed by 31st March 2021. For a trust development proposal, Eduprise would provide a set package of services to transform a trust’s communication capacity over a set period. Once the Trust Capacity Funding period is completed, we would then give the trust the option to further succeed by continuing to work with us.
In regards to the following three categories — value for money, sustainability, and resource management — Eduprise can also provide a strong case. Through our two-pronged approach of both reducing inefficiency in communications and focusing on income-generating areas such as admissions, we ensure that all work we do for our clients benefits them financially in both the short and long term. Through our extensive experience improving financial outcomes for our clients, we have more than enough evidence in that category to satisfy application assessors.
Contact Us Now
For the first application period, you have until 31st of July to apply. While it might seem that everything is up in the air at the moment, there is no reason why your trust should be missing out on vital government funding.
If your trust could benefit from a boost in its finances this year, please contact us today.