Securing a grant for can be a game-changer for your small business, however, it does require some meticulous preparation. This foundational research sets the stage for a well-informed and strategic grant application process.
Here are 7-steps towards helping you to become successful in your grant writing process.
Step 1: Thoroughly do your research
Investigate successful grants: Look into organisations that have secured similar grants. Understand their projects and why they succeeded.
Engage with grant funders: Inform potential funders about your project. They might suggest other suitable grants.
- Government
- Foundations
- Local councils
Align with strategies: Ensure your project aligns with Federal, State, and Local Council strategies for your sector.
Understand the funder: Research the grant funder’s interests and past recipients to see if your project fits their goals.
Step 2: Design a process
Create a calendar: Track recurring grants.
Organise your application: Use a word document for drafts and gather all documents in a shared file.
Prepare a template: Include criteria, questions, requirements, and a checklist.
Be methodical: Collect necessary documents and contacts early for letters of support.
Step 3: Understand the Guidelines
Read them twice: Highlight important sections and ensure you meet all criteria.
Contact the funder: Clarify any questions and ensure your project aligns with their goals.
Avoid last-minute issues: Register online early and check all requirements for documentation and uploads.
Step 4: Develop a strategy and plan
Align with funder’s goals: Ensure your strategy supports the funder’s aims and objectives.
Demonstrate support: Show broad appeal and gather letters of support.
Prove tangible outcomes: Provide evidence that your project will succeed and add value.
Step 5: Minimise risk
Show strong framework: Demonstrate your capacity to achieve results, transparency, and effective use of funding.
Tell a compelling story: Include your vision, plans, and evidence of demand and capacity.
Step 6: Avoid last-minute submissions
Plan ahead: A good grant application can take 4-6 weeks to write. Aim to submit early.
Be ready: Create a project plan with timelines, requirements, and deadlines. Brainstorm ideas and complete your template early.
Step 7: Avoid common mistakes
- Neglecting to research: Thoroughly understand the funder’s interests and guidelines.
- Focusing solely on your own needs: Emphasize how your project helps the funder achieve their goals.
- Poor editing: Use tools to avoid errors.
- Assuming knowledge: Clearly explain your organisation and your project.
- Not asking for money: State the amount you need early in the proposal.
- Requesting the wrong amount: Research typical grant sizes from the funder.
- Rushing your budget: Ensure your budget is accurate and comprehensive.
- Missing the deadline: Submit your proposal on time.
