Frequently Asked Grant Questions
Frequently Asked Grant Questions
How do I know where to apply for a grant?
First and foremost you’ll need to do a good amount of due diligence. There are thousands of grants available in the United States. There are government grants available and foundation grants available. It is extremely important that you do proper research before applying for any grant. Thy type of grant that you need is going to determine who and where you submit your proposal and/or application. Ensure that you properly research all the resources on our resource list to help you locate the best opportunity for you.
How do I approach “grant givers”? Your approach will often have an effect on whether or not you receive any type of grant monies from the grant proposal reviewers. It often helps to cultivate a relationship with the individuals involved in the decision making at the agency or foundation to which you are applying. It’s not necessary to “wine and dine” them, however, by establishing a pre-existing relationship based on your goals, you stand a better chance at getting more attention to your grant proposal once you’ve submitted it to them for reviewal.
How much competition is there for grant monies? Often times, there is a large amount of people/businesses applying for the same grant monies as yourself. You need to make sure that you present a compelling grant that stands out above the competition. In situations where it comes down to the “final few” applications/proposals, the one awarded will typically be the most compelling and thorough of the few. Remember, you are asking for “free” money. Make your application/proposal show that you are deserving of those monies.
Can I get a grant for my business?
The majority of business grants or for companies that are non-profit organizations or companies involved in the development of new technologies or inventions. Be sure to do your research thoroughly before preparing your grant proposal. If your business doesn’t qualify for one of the grants that don’t fall into the two categories listed above, research to determine whether or not you have the eligibility to incorporate a non-profit organization into your goals. Sometimes you may be eligible to create a non-profit organization to help you achieve your goals that involve your business. Remember; due diligence is important in all aspects of business, especially when researching and preparing to submit a grant proposal.
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