Why have we distinguished between these two activities? Because they concern two types of actors, or even two different worlds: business enterprise and international development. We have produced a number of resources to equip practitioners with tools for fundraising; this guide is intended to provide a reference on resource mobilization within our Body of Knowledge in Community Economics of Organizations (ECO). We have structured our introductory presentation hierarchically.
First, understand Resource Mobilization vs. Fundraising.
Resource Mobilization primarily refers to the process of obtaining grants or non-repayable contributions from donors, foundations, businesses, or partners. It generally relies on a concept note that presents, in a concise manner, the problem, objectives, expected results, activities, and indicative budget of the project.
Fundraising, when it involves loans or repayable financing in particular, falls more within an investment logic. It generally requires a business plan demonstrating the economic viability of the activity, its ability to generate revenue and, where applicable, its repayment capacity. One then undertakes “rounds” or iterative prospecting through applications and proposal submissions.
In summary: resource mobilization seeks to convince a partner to support an intervention of collective interest; fundraising seeks to convince a financier to invest in an activity capable of generating the resources required for repayment.
Arnaud Segla, Consultant Manager and Author, promotes informal alternatives and ethnic identity in terms of inter- and intra-community socioeconomic performance.
As the head of a consulting firm and think tank since 2009, he has built expertise in ethnic entrepreneurship projects for the economic empowerment of communities through various experiences in project management and business engineering aimed at contributing to the definition of informal alternative solutions for economic and sustainable development in Canada and Africa.
He has developed customized programs and services specifically for newcomers and residents from diverse cultures who want to start a business quickly and on the right foot, and above all, make it last. Arnaud offers highly practical training courses designed to enable participants to bring their projects to fruition in a short period of time. He is the author of several books, including the first guide on ethnic entrepreneurship using an informal approach.