7 key steps When Writing a Grant Application
Writing grant applications can be a challenging process. After all, it entails submitting a coherent proposal with explanations, plans, and requests. With frequently fierce competition for funds, it’s easy to become overwhelmed. We’ve compiled a list of seven key steps when writing a grant application.
Check Your Eligibility
It would be disheartening to submit an application just to find out that your company is ineligible. Investigate funding provider guidelines and requirements to establish eligibility. If permissible, contact the funder to confirm eligibility and seek guidance on how best to present your project to fit the funder’s focus.
Research Existing Grant Awardees
Look at who has been awarded grants in the past to better understand the types of projects the funder is interested in.
Consider getting in touch with existing grant awardees. The reason why it’s helpful to get in touch with grant awardees is to get a glimpse of what their process was like. You can also ask them for more tips and steps to avoid. It may be comforting for somebody with experience to guide you through your application.
By getting in touch, you’ll be able to examine the funding sources and prior grant recipients to improve your chances. This can help identify prior grant recipients as well as provide examples of the types of responses the funder is looking for. Knowing a funder’s motivations can help you make a stronger case.
Determine the Financial Requirements
Before applying, determine the objective of the award. This will allow you to see the big picture, which is useful during the application process. By determining this aspect of your project or idea, you can assess its viability and whether it has been previously covered.
With that said, create a budget to show that your project or proposal is well-planned, viable, and cost-effective. A well-crafted budget indicates the viability of your goals and the distribution of funds. Include quotations and list all sources of revenue as well as total income and costs. Ensure that your project makes full use of your budget.
Start Your Application Early
The more time you have to write a grant application, the better. After all, proactivity and organisation make the application process easier. Knowing about potential opportunities can help you to improve your application.
At the same time, ascertain that your application is plausible. It may be necessary to conduct research to justify why your initiative or idea should be funded. Furthermore, you should confirm that your plan is unique to your company or community and that no identical project has ever been presented or launched. Examine the eligibility requirements for the award to see if you qualify. Then, back up your claims and justify your need for funding.
Write Zealously and Ask For Feedback
Consider yourself a grant reviewer who is analysing different grant requests. A strong argument will not only persuade but will also stand out. Because you’re writing for a busy reader, be succinct, precise, and enthusiastic. Summarise difficult points, use current knowledge and simple language. A grant application is used to sell your concept or proposal.
Your goal is to write a succinct application that passionately explains your project or idea. Spelling, grammar, and run-on sentences can all hurt your employment application. Don’t be afraid to get your application edited because a second set of eyes can help you see any errors. Rewrite in response to their feedback.
Obtain Public Support
More people should be aware of and supportive of your work. Because some funds require supporting letters, explain how your initiative or proposal will benefit the community. Support from the community, data, and evidence all add to the value of your application. Consider building alliances with recognised organisations to bolster your application.
Keep the Deadline in Mind
Follow the instructions and submit on time. If complications develop, avoid procrastinating. You should avoid missing anything because you are anxious or racing to meet a deadline.
Grant writing requires perseverance and patience. It involves passion, so you must constantly remind yourself of the purpose of your grant as you absorb and apply the things we have suggested above. This way, you can submit a grant application confidently and on time.
Do you need help writing a grant application? Maybe you want help to set up a successful trusts and foundations programme? Craigmyle Fundraising Consultants is a charity fundraising consultancy, ready to assist you in your community-driven projects. Contact us today to learn more about our team!