How can I get funding for this?
Depends on how much...
I'm assuming you mean enough to cover development expenses for a few months. Without a pedigree or a prototype, you won't find any real investors. Actually, in this economy, without both you won't find any real sums of money.
You basically have two choices: a) knock up friends and relatives, and/or find a way to bootstrap a prototype. Bootstrapping is a combination of finding creative ways to reduce expenses and also finding other sources of revenue to fund your prototype.
One of the best threads here is this one.
And secondly, where can I find cheap labor to aid in my game?
Define "cheap labor"? Paid employees or volunteers?
For the cheapest paid staff, you can go to Bangladesh, Philippines etc. Good luck with that approach, though. Either you aren't big enough for skilled outsourcees, or you end up with a butt-in-seats, third-tier outfit. And, it isn't as rosy as the Fortune 500s make it seem.
Volunteers? That comes with its own issues, but essentially you have to create a "recruitment campaign". Many of the principles in marketing apply. Get some buzz that appeals to potential volunteers.
PS: Don't ask for funding for a project and seek freelance work in the same breath. Most people won't see either as something to line up for...