EU vs UK funding

The Status of UK Fundraising

According to the report by Black Baud, the use of CRMs in the non-profit sector is directly linked to income. Where charities are not using a CRM, they are more likely to only have an income of less than £500k per year. In contrast, the larger and more sophisticated charities using multiple CRMs, for example donor management systems as well as a volunteer management system, can often bring in an annual income of over £5m.

The most important source of income for all charities surveyed is individual fundraising, something not at all unexpected and once again proving just how important the role of fundraiser is to the sector. The majority of Higher Education Institutes responded to say that they rank fees as their highest source of income, whereas in the Arts and Social Care, government grants are the most vital source of income.

Click here to download the full report.

UK start-ups favoured by US, Asian Investors

The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year and has overtaken the US for foreign investment, per capita.

Of the top three global tech hubs, the UK attracts nearly as much non-domestic capital as the much bigger China. The UK is ahead of the USA on a per capital basis.The sector is attracting an average of $1bn a month from both foreign and domestic investors – one and a half times the amount raised during the same period last year – making the UK one of the most attractive and dynamic markets in Europe.

Research prepared for the Digital Economy Council by Tech Nation and shows that between January and July this year, UK-based tech firms received a staggering $6.7 billion in funding – with $3.7 billion, or 55%, coming from American and Asian investors thanks to billion-dollar tech companies such as energy supplier OVO Energy and food delivery startup Deliveroo.

Click here to download the full report