Im in a similar situation, plenty of gear ,but just no workable set up . Many of the projects Ive done over the years I've subsidised cause the artists didnt really have a pot to piss in ,but their talent was worthy of getting down on tape.I think a lot of modern teaching set up's end up focusing way too much time on computers ,back in the old day you had an MTR ,more fucus was put into signal chain and micing technique,fix it in the mix was always an option ,but nowadays with computers its almost always 'we'll fix it up later' mentality. I'm not sure Id even want a walk in off the street type commercial studio in any case ,it would be much nicer to be able to chose who you record on merit and simply scouting new bands that appear and offer them a deal
Another option I've been looking into is trying to get in under the roof of an artists collective ,there was such an entity here I was negotiating with ,funded by government money ,but it vanished and sent all the artists packing in the end .
Another thing I was thinking was just to get a mobile setup ,then simply rent beg or borrow a place to record as and when needed , kinda like the Daniel Lanois install methodology.I have plenty of space and an outbuilding I can easily convert into a studio ,but somehow I find it hard to motivate myself to do it .
Going down the road of a teaching studio is of course another option ,funding might be available in such cases but your probably subject to tons of rules and inspections as it is more or less a youthwork project . In any case ,if your bringing in young bands there going to learn about studio anyway . The oversight involved and qualifications needed for lets say a state funded thing might end up killing the good in it too .
I liked PRR's comment ,
even the serious wedding/cover band guys here almost all have day jobs to to keep a roof over ,even the big name studios in Dublin are pitching at the home end of the market, if you do it too cheaply or for nothing yourself its like burning the candle at both ends business wise.
One idea would be ,even if cash doesnt change hands for the recording of a band ,a notional daily rate is incurred, then if theres a bite from a big label in theory you get something off the upswing as well as maybe getting paid for earlier work ,it would be beautifull if it happened like that ,but all to often the band will get a sniff of the money and get duped into putting themselves into serious debt to record their album ,end of day they wheellspin and leave you in a cloud of dust.
Even the most humble studios nowadays can get great results ,if you have a decent analog front end, tube mics ,mic amps ,comps etc and you know your stuff the only limit nowadays really is the quality of the artist, also as Prr mentioned people skills and being able to shepherd/produce, gain the trust of the people your working with and maintaining their interest in the process in a day of 'screen gawping' in studios ,thats really is the biggest challenge .You can get the tech side of it down to a T, but the human element is always going to throw you curve balls . The attention span of the younger generation isnt what it used to be ,same time sitting watching someone clicking a mouse with their head in a screen for hours on end is boring AF, I generally find for recording vocals its almost always better to kick the rest of the band to the kitchen to drink coffee and roll spliffs or what ever, one wrong comment over the talk back from a band member ,and your vocalists confidence can drop through the floor .
Anyway hopefully something to inspire you there ,best of luck with it .