Thursday, October 24, 2013

Government grant application for non-profit organization

A grant from government is a financial award given by the state or local government to fund a certain project or organization. The government does not expect payment for these grants. For small organizations, finding enough financial assistance is important to make sure that the institution runs smoothly. There are several ways to get grant for non-profit organization. Remember that these grants are funded by taxes so they are only available for non-commercial purposes.

Know the size and category of the business

The amount given to a grant depends on the type of organization. Assess the categorization and size of the business carefully before submitting any application.

Submitting application in behalf of the business

The government categorizes grants differently. Remember to apply for grants specifically for organizations and not for individuals. Submitting grant proposals with a wrong category will only slow down the process and can even cause rejection.

Here are common questions that will be asked when applying for a grant.
·         
     Reason for application
·         Amount needed for operation
·         Nature of the business
·         How the grant money will be used
·         How the organization benefits the community
·         Who will supervise the operations

Take time to think about the details of the grant and try to be honest when answering these questions. Make sure to have all the necessary information and be ready with supporting documents.

Register the organization

The business or organization must be registered to the federal government program before any application is submitted. The application process is done online and can be finalized after 5 business days. Remember to go through all the steps carefully because submitting incomplete information will only delay the process.

Grant application package

There is an online tutorial that can be downloaded once the business is registered. This tutorial will contain all the necessary information on how the process works. Complete all the necessary steps and save a copy of the file to avoid losing any valuable information. Once completed, the package can be submitted online. There will be a name, password and identification number provided once the process is completed.

Track the status of the grant application online


Use the name, password and identification number to track the progress of the grant application. This will allow the owner to see if his grant has been approved and will be used to notify him in case there will be additional requirements. The registered owner will also be notified about the succeeding steps he will need to take once the grant has been approved or denied.

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