Tuesday, October 29, 2013

What Professional Grant Writers Aren’t Telling You: Four Common Myths

Have you ever wondered how non-profit companies are able to fund themselves? If so, it’s because they know how to do non-profit grant writing. Grant writing is simply the task of trying to get your company funded by a foundation or organization for the purposes of research which is ultimately for the public’s benefit (educational, medicinal, etc.). A lot of myths and misconceptions arose from this where most companies just starting out immediately give up after one problem – and some “seasoned” writers, unfortunately, abuse companies that are new to the system. That will not happen to you if you clearly understand the concept, which is what you’ll learn in this article.

·         Myth 1: It’s too complicated to write one

On the contrary, it’s actually quite simple. What you need to know is that each foundation has unique guidelines in processing grants. People who say that it’s too difficult just probably didn’t understand or follow the funder’s guidelines correctly. Moreover, it’s just like telling a story where you present reliable statistics then illustrate inspirational content to make a convincing presentation.

·         Myth 2: Grants are instant money

Although it’s an effective way to get funding, it won’t really get you money instantly. Usually, foundations only meet once a year to discuss funding decisions, so expect some delay.

Moreover, if your company’s first grant was rejected, don’t lose hope. This is a typical mistake that most new companies make. Just keep on looking for other potential funders out there.

·         Myth 3: There’s no point, because knowing how to find funders is difficult, and databases are expensive

Most people forget the fact that public libraries have free databases of funders for grantwriters. Ask around in your local library to see if there are any funders near you.

Furthermore, if there are no other options, simply take note of foundation trustees during your research phase, and then forward them to your company’s board to see if anyone knows any of the trustees you’ve compiled. If there are none, just continue researching.

·         Myth 4: No one can write in the staff, and a professional one is too expensive, so there is no chance of getting a grant

If no one knows howto write a grant in your company’s staff, simply look for someone who is willing and capable of learning it, and then hire a professional to teach him/her. Never opt for hiring one who promises that he/she will make an instant solution to your company’s funding problems; most who claim to be capable of that are just scammers.

In the simplest sense, this process is just like fundraising, and is fairly simple. Just remember to accordingly follow funders’ guidelines and to continue looking for the right one.


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