You have decided that you want someone to assist you in
funding your company. To start with, it might seem like a simple idea, but as
you continue with your quest of finding funders and understanding the
requirements of writing a proposal for a grant, you will realize that the idea
is not simple at all due to the exceedingly tough and complex competition that
is going on. Also, you are not the only
one who needs a grant. Here are the steps to writing a grant proposal:
1. Clarify
your needs
Make sure that you include all that you need on your list.
This is the best way to determine precisely how much you need to apply for.
Remember that this is a vital segment of the process since it will be the
possible funder’s basis in evaluating how you will manage your funds. The best
thing to do is to become as thrifty as you can. Learn to allot priority to the
greatest needs of the organization.
2. Look for
matching prospects
Pursue as many potential funders as you can and verify their
guidelines. You need to customize your applications for grants that you will
write if you really want to get the results. If you think that your
organization and the feasible funder are a great match, you should have all the
means to prove for the funding. If the amount doesn’t match, learn how to break down your needs
in case it does not match up with the fund that you applied for.
3. Gather
your evidence and statistics
Your grant application will be more credible if you present
the right facts and figures. Writing a grant proposal without this information
is a waste of time. Funders are very meticulous about the organizations they
are going to finance not only in words but in numbers as well. Providing the
accurate information will absolutely help you get the funds that you need.
4. Write
your proposal professionally
The writing of a proposal should consist of 50% writing and
50% scientific research. If you are definite that you have all the data that
you need to satisfy your potential funders and you are following the guidelines
that they have set, then the possibility of getting the funds that you need is
very high.
5. Follow up
Finally, you can show your excitement by asking them for the
next step. If your grant has been accepted to the next step, be alert for any
extra instructions and make sure that you forward all the needed documents on
time.
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