Welcome to the quality indicator Finance and funding
Each training area consists of three steps.
Information about the procedure within the online training can be found here.
Explanation of the quality indicator "Finance and funding"
Finances refer to all the money, assets, services and economic resources dedicated to a project. For a training project, it is crucial to have enough resources to set up the class and to develop a detailed fund-raising plan. In particular, this indicator measures the financial capital available and its development to
- Establish new funds
- Check economic movement (e.g. expenses or revenues)
- Raise capital
- Create a financial security network
- Generate new economic movements
- Create new funding opportunities
Moreover, this indicator examines ways in which economic capital can be invested, transferred and mobilised to understand how VET providers handle capital, in which fields they prefer to invest and what their future projects and goals are.