Succeed Before You Start: Business Grant Application Tips

A grant application can be the determining factor in whether you receive a business grant. Sloppy, inaccurate and incomplete applications are likely discarded immediately. Granters receives thousands of applications and they won’t waste their time tracking down submitters who did not follow directions. Think of a grant application as the embodiment of your business on paper. You want it to be as complete, accurate and unique as possible to draw granters to your business proposal.

Each grant has a specific application process that must be followed. Always read the directions provided, and if you need further instruction, contact the granter or representative provided for more information. You don’t want to ask questions just to contact the granter – that would be wasting your time and their time. Instead, formulate your questions ahead of time, look for possible answers, and if you are still unsure, then contact the granter.

Tips for a successful grant application

Successful grant applications include accurate and pertinent information about your business, the proposal, your goals and the funding required to meet those goals. While you want your business to stand out among the others, you should not lie or embellish your company’s achievements or standards. If the grant is for the betterment of your company, be honest and show how important the funding is to improving the local community through your business. You should also know everything about your company. Don’t assign as intern to complete the application process. For a successful grant application, the person applying should know the history of the business and have a clear vision for the future of the company.

You will need additional funding sources for your application and business proposal to be taken seriously. If you cannot find outside support, why would a granter want to risk their money on your business? Turn to community leaders, foundations, businesses with shared interests, universities and state agencies to request funding or form a partnership in interest of the grant.

A successful grant application goes beyond the business’s needs and looks to fulfill a need for the community, state, country or environment. If you have a viable idea, find ways to make it environmentally friendly or show how it can be used to further the evolution of technology. Federal grants are often given to those who can improve or impact commercialization.

You should consider contacting the granter at least once throughout the application process so that you can adjust your business proposal to appeal to the awarding panel. This will also ensure that your goals align with the granter’s interests and it will give you an opportunity to get to know your panel. You may also need to seek advice from outside sources. Talk to a consultant, financial adviser, accountant, industry expert or your business’s attorney as they can be viable resources in preparing your application and proposal.

Increase your chances of getting a grant

You may have found the perfect grant for your business, but don’t stop at applying for just one grant. The competition for each grant is tough and you may be turned down several times before you find a granter willing to invest in your business proposal.

This article is written by Jon Emge who is a Senior Debt Advisor writing for a range of financial sites includingwww.bankruptcy.org.uk and www.paydayloans.co.uk

Successful Business Grant Proposals Utilize Alternative Funding

Business grants are not a sustainable sourcing of funding or any organization, so you must consider finding additional funding. Grants always include a predetermined time frame in which funds will be released. Once this period has ended, the grant is over. Some grants allow businesses to reapply while others are considered a one-time grant. You can always apply for additional grants, but this can be time consuming. It is better for your business to seek alternate funding before, during and after you apply for a grant.

Finding additional funding for you business can be hard, but if you’re persistent and outgoing, you can ease the process.

Finding additional funding

Before you begin your search to find alternative funds, write your grant proposal summary. You will need a summary to submit with your grant proposal, and having a summary will provide possible investors with a tangible plan. Your summary should include your idea or project, a clear goal, how you will accomplish the goal and the amount of funding required for each step. A business or organization may want to provide funding for a specific part of your project or may even partner with your business to achieve your goal.

Many grants require business to find alternative funding during the grant application process. Outside funding shows that a business is serious about it’s idea or project and has gained support for it. Proposals submitted by businesses that base projects solely on grant funds are not usually successful. Granters want to invest in successful ideas, so the more support you find, the less risky your idea may seem. Granters want to see that a business is willing to gain support from the community, other businesses or educational institutions. So, those are the places you should start when requesting funding.

Research and development grants require two or more businesses, organizations or companies to work together to achieve the project’s goal. This is an excellent way to find alternative funds as the partnering business is likely to provide some funding. Depending on your proposal and your business’s interests, talk to universities, hospitals, corporations and charitable foundations who have similar economic or commercialization interests and needs. They may be willing to provide funding, equipment and researchers for your project.

Find alternative funds with loans and investments

Business loans are available if your project goes above the income of your business. However, it is important to remember that loans must be repaid, so if your venture fails, you could be forced to close the business, sell the business or file for bankruptcy. Also, granters require information on funding that will occur after the grant period has ended, so applying for multiple loans isn’t a sustainable idea. A start-up or expansion loan may be useful, but loans should not be the sole source when you find alternative funds.

 

Venture capitalists may be a viable resource in finding additional funding while seeing your company grow. Venture capitalists typically invest in a business that shows potential for substantial growth, that way they can see a profit when they decide to exit the business. A venture capitalist firm or individual might be more willing to invest a large amount of money if your business has a well-organized grant proposal.

Money is available for businesses who are willing to work to find it. Use your professional contacts, community leaders and top organizations and corporations to help you find alternative funding.

This article is written by Jon Emge who is a Senior Debt Advisor writing for a range of financial sites including www.debtadvice.net and www.debtmanagement.co.uk

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Veronica Robbins Launches a New Grant Sample Website

Veronica Robbins Launches a New Grant Sample Website












Woodland, California (Vocus/PRWEB) March 18, 2011

The brand new grant samples web site provides access to seven categories of grants and many unique samples from state and federal grant programs within each category.

Veteran grant writer and evaluator Veronica Robbins, the CEO of Creative Resources and Research (CRR), has been a professional grant writing consultant for 17 years. Veronica’s grant writing success is evident in the fact that CRR secured more than one hundred fifty five million dollars in grant funding for clients over the past decade.

One of the ways that grant writers learn appropriate grant language styles and formatting is by reading successful grants written by other writers. But before now, grant samples have previously been scattered all around the Internet but now these hard-to-find grant samples are collected together at grantsamples.com. The seven categories of grant samples offered currently include:


    Education Grants
    Law Enforcement Grants
    Non Profit Grants
    Library Grants
    Museum Grants
    Youth Grants
    Municipal Grants

The number of grant samples available to grant writers at grantsample.com grows weekly. Creative Resources and Research continually adds new samples from its large catalog to expand the online grant samples available for grant writing preparation and research.

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Grant Writing Tips: Before You Start Writing Anything Read This!

Grant Writing Tips: Before You Start Writing Anything Read This!

GrantWritingOnlineCourse.com – So you want to write a grant proposal? Congratulations! You are seeking a noble task, but why do you want to write a grant in the first place? Have you ever written a grant before? Do you know the rules and guidelines you are supposed to follow? Do you know where to send the grant proposal once you have written it? What should you ask for and not ask for on your grant? Are you trying to write a grant for a nonprofit organization, your business, or an individual? All of these are important questions must be considered before ever embarking on the journey to write a grant. Here are a few tips to help keep you from wasting a lot of time and unnecessary energy.

Do not go at grant writing alone and make unnecessary mistakes when you can learn from others.
One of the biggest mistakes you can make in grant writing is by just blindly deciding to write a grant proposal without any training. At the very least, read a good grant writing book or take a grant writing course. This will save you hours of time and energy and help you avoid many of the common mistakes that new grant writers often make. Remember, even the Lone Ranger had his faithful sidekick, Tonto, and his horse Silver.

One of the best ways to learn grant writing is by simply doing it with a bit of coaching in the process.
Grant writing is a skill that must be developed. However, just like any building you want to make sure you lay a solid foundation to build upon. So be sure to get real life experience by working on an actual grant proposal while also learning how to write grants the correct way from the very beginning. This is often best done when you have a grant writing sample or a template to start from instead of going at it totally from scratch. It will also be important to have a mentor or a coach that has been successful in securing grant monies to be a sounding board for you to help assist you when you get stuck or have questions. Coaching can come in many different forms, for instance, you can learn by reading articles, books, attending workshops, or grant trainings. You can also seek out an experienced grant writer who might be willing to coach you through the process.

Make a commitment to learn grant writing the correct way and volunteer to write a few for some nonprofit organizations in your area. Nonprofit organizations tend to really love grant writers and these individuals are often in high demand. If you volunteer to write a grant for a local nonprofit in your area some of them might have a previous proposal on hand that you can glean from as you develop a new one. This will allow you to get some real life experience while also helping an organization possibly get funded. It is worth noting that most grants are not given out to individuals or to for-profit businesses. Don’t believe all the hype and sensationalism from those late night commercials and waste your money and time.

Remember, the best investment you can make to learn grant writing is to make an investment into you. If you are really going to become a skilled grant writer you must dedicate the appropriate time, energy, and resources into developing this valuable skill set. So sign up today for a training that can help you cultivate or enhance your craft as a grant writer. There are many grant writing tutorials and online grant training to help you learn this wonderful skill, so take advantage of these and get the assistances and help you need.

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We help you learn to write grant proposals that get funded, quickly and easily with our online grant writing courses.  Sign up for our free e-course now!

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www.innoventum.com – In this video, you will learn a 4-step process for obtaining a government grant. This system walks you through obtaining a grant from the government, foundations, and corporations. If you are serious about obtaining a grant, then check this video out to learn how the process works. We have discontinued the free trial mentioned in the video, but you can check out more details on the BizGrant product at the link above. But you can obtain a grant on your own with the information taught in this video – it will just take a lot more work.
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