Ch 3 - Question 7 | foundation-guide

CHAPTER 3: ESTABLISH NETWORK MODEL

After establishing that a private sector network has opportunities to create value and fill unmet needs in your country, there are two next steps: establishing the network itself and determining what its initial activities should be. This chapter focuses on establishing the network model, including considerations like hosting arrangements, legal requirements, and initial funding. While there is no one best model for all networks, there is a standard set of questions to address and the experience of other networks can be informative. The questions in this chapter will help set up a private sector network for success, ensuring it has the required structure and support for long-term sustainability and scale. This chapter and its associated resources can also be used to support the ongoing work of your network as it grows and evolves.

The resources in this chapter will help you answer the following questions:

7. What are the different ways networks generate funding to support their activities?

<<COMMON FUNDING METHODS>>

CBi member networks use a variety of funding sources to support their activities.

Common funding methods include:

The most effective funding sources will vary based on the network's country context, organization structure and host, partnerships, reputation, and many other factors. Regardless of the method/methods used, it can be helpful to:

Diversify your funding methods to reduce dependence on a single source or donor and contribute to long-term sustainability
Regularly track and monitor financial resources, contributions, and assets before, during, and after an emergency (see Chapter 4, Question 7 on tracking and recording private sector contributions to emergencies)
Comply with all national laws and regulations related to tracking and reporting of the network's resources, contributions, and assets

<<APPROACHES TO EACH FUNDING METHODS>>

Each of the approaches mentioned above has a range of options for implementation and different considerations for use. The chart below lays out some common approaches to use when implementing various funding methods, as well as some things to consider when selecting the approaches most relevant to your network.

<<EXAMPLES FROM OTHER NETWORKS>>

Network Foundation Guide

Connecting Business Initiative

CHAPTER 3: ESTABLISH NETWORK MODEL

7. What are the different ways networks generate funding to support their activities?

CHAPTER 3: ESTABLISH NETWORK MODEL

7. What are the different ways networks generate funding to support their activities?

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