Article Date: 03/01/11
How To Get Grants To Help Yourself
The numbers of grants schemes that are on offer from the federal and state government
||Small Business Grants
along with many welfare foundations are unlimited. However the neediest people never take advantage of these aids or are disqualified in the application process. They cannot avail the benefits that are meant for them primarily because of the lack of awareness and incorrect methods of application that causes their rejection. Discussed in this article are some tips that will guide through the entire gamut of getting grants.
In order to avail a grant of any type the first step is to apply. The application will contain a proposal which shall describe your requirements and plans for utilization of the grant money. The proposal must contain in it the summary, introduction to your plan, details of the needs and problems, objectives of the project, the strategy and program methods, evaluation methodology and future fund requirement and finally the budget that you envisage for the proposal. It should clearly state the time frame and milestones for assessment and evaluation by the funding agencies.
Introduction should contain the relevant data about the organization with its past activities, financial standings and sources. The main promoters or members of staff who will be in decision making positions should also be named in this part. You can include past achievement of your organization and the future plans.
The needs and current problems should clearly bring out the reference to the present scenario and why there is a requirement of help. All data relevant to the proposal must be shown in a convincing manner.
The objective of your proposal should appear commensurate to government aims and have implications to wards benefiting the society and the nation.
The strategy and program methods are most important to the success of your project. Hence details of studies in customer base, market intelligence and the resources available to make a winning plan must be emphasized and clearly brought out.
The budget should contain head wise expenditures, their need to the project, time frame of expenditure and methods of accounting that you intend to put in place. There should also be a mention of the implication of non receipt of the desired funds in time on the overall implementation of the project.
The last but important part is to create a system of milestone wise evaluation and assessment of the progress of the project to the sponsors. Any one putting the money will like to know how and where it has been spent. This is their way of keeping a track of the money they give you.
Along with a sound proposal another factor that significantly affects your chances of getting the grants is the presentation and submission. Make sure that the proposal is well packaged and conforms to the requirements of the granting agencies. Lastly ensure that it is submitted within the stipulated deadline for the scheme that you are applying for. The method of submission whether by hand, online or through regular post can also affect the chances of selection if not done as per the specified instructions for this purpose.
For more articles please visit our Government Grants Articles section.
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