An Introduction to Capital Development

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This course has been designed to support voluntary sector organisations that are exploring the option of capital development to understand the process and consider how it can best overcome these barriers. It has been specifically designed to provide voluntary sector organisations with the required knowledge to explore and develop their capital development plans.

£50.00

 

Product Description


 
Course Length: 8 hours (estimated)
 
Please Note: While all organisations considering capital development will get something out of this course, it was written primarily for organisations working in the North East.  Therefore, some information may not be applicable to organisations operating outside of that area.
 
The aim of the course is to give you an overview of some of the issues surrounding capital development and help you to begin to consider whether it’s right for your organisation. The course will also help you to recognise the skills and expertise you will require to support you on your journey.
 
This course will help you to
  • Identify and evidence the need for development
  • Identify options for development
  • Consider the capacity of your organisation
  • Identify and consult with relevant stakeholders
  • Form a brief and assess its feasibility
  • Understand planning approval
  • Understand the preparation and construction stages in the capital development process
  • Write a business plan
  • Understand the importance of your business plan
  • Identify the different types of finance/funding available.
Key Learning Points
  • Capital development can be a long and time-consuming process and it needs a high level of energy and motivation in order for it to succeed. 
  • Before you begin the process you should ensure you can demonstrate a need.
  • It is important you draw up a brief as this will inform your design, business plan and operations from the building in the future.
  • Testing the feasibility of your brief is crucial as it may present problems and opportunities that you have not considered.
  • It is crucial that you have an effective business plan as this can be used by organisations to articulate their plans for the future, monitor progress against objectives and targets, and convince stakeholders or investors that their plans are worth supporting.
  • Stakeholders play a key role in the capital development process and can provide a wide range of help and support.
  • You should assess all the types of finance available, such as grants, loans, community shares and discounts.

 

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“There is lots of useful information on globe; for example on management styles, working with groups and motivating people. It was very easy to navigate through and I was able to use it from home. Also, if I worked in another office I didn’t have to lug a heavy course folder around and I didn’t have to worry about losing any information as I knew it was all online.”

Donna Knight, Volunteer Coordinator, Northumbria Daybreak

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