Funding Targets

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​The prize is only possible thanks to the generosity of our sponsors. The prize will only go ahead in 2025 if the minimum funding target of £800 is reached. Our funding targets are as follows:​

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Funding Tier 1 = £800

• PRIZE POT = £400 (1st Prize = £250, 2nd Prize = £100, 3rd Prize = £50)

• ADMIN & MISCELLANEOUS** = £400

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Funding Tier 2 = £1200

• PRIZE POT = £600 (1st Prize = £300, 2nd Prize = £150, 3rd Prize = £50, 4x category prizes of £25 each)

• ADMIN & MISCELLANEOUS** = £400

• WELKIN LAUREATE**** = £200

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Funding Tier 3 = £1600

• PRIZE POT = £700 (1st Prize = £350, 2nd Prize = £150, 3rd Prize = £50, 6x category prizes of £25 each)

• ADMIN & MISCELLANEOUS** = £400

• WELKIN LAUREATE**** = £200

• STANDALONE WELKIN WEBSITE = £300

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Funding Tier 4 = £2000

• PRIZE POT = £900 (1st Prize = £400, 2nd Prize = £200, 3rd Prize = £100, 4th Prize = £50, 6x category prizes of £25 each)

• ADMIN & MISCELLANEOUS** = £600

• WELKIN LAUREATE**** = £200

• STANDALONE WELKIN WEBSITE = £300

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Funding Tier 5 = £3500

• PRIZE POT = £1100 (1st Prize = £500, 2nd Prize = £250, 3rd Prize = £100, 4th Prize = £50, 8x category prizes of £25 each)

• ADMIN & MISCELLANEOUS** = £1000

• WELKIN LAUREATE**** = £200

• STANDALONE WELKIN WEBSITE = £300

• FESTIVAL = £900

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**Please note that "admin & miscellaneous" covers website, email and organisational costs. The time to organise the competition, to read initial entries, to communicate with entrants, to manage social media accounts, and to provide editorial input on winning stories is estimated at 400 hours (approximately £8000 at a reflective wage) - to make sure the maximum benefit can be provided to the writing community, this is carried out by volunteers, but it is noted here to provide context.

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****The Welkin Laureate will be someone appointed to act as judge and ambassador for the prize. They will also be commissioned to write a story for the prize website.