You should consider your exit strategy at the bid writing stage and review this when you start the project. The most critical time for you to develop concrete ways forward is between a year and two years before the end of your project (as it can take up to two years to fundraise for a project). If you had only have two years’ funding, this may not be practical but do think about this area well in advance.
Areas to consider when it comes to planning your exit include:
- What the environment will be like (for example a new organisation providing similar services, less funding for your area from the local authority, increased number of asylum seekers moving into your area)
- How your project has changed the environment, and what the ‘new’ needs of your target groups are
If you build evidence for what the needs are and what you need to do next to serve your target group, then you are building up your case for support which should help with fundraising next time.
This page is a summary of the information contained in the full online toolkit.