Today’s economic climate can be competitive when applying for funding and grants. Rather than spending a large amount of time applying for lots of grants, do your research and make sure you are using your time and energy efficiently. Here are some things to think about before you send off your application:
1. Make sure you are clear about why you are applying.
Following this exercise should help you clarify your project quickly and simply:
• Give your project a clear and concise name.
• Describe your activity in no more than 100 words
• Be clear about how much you are requesting
• Summarise your experience, relevant work and/or achievements that help qualify you for funding.
• In no more than 250 words explain what you propose to do with the funding and what do you hope to achieve by doing it.
Once you have a clear vision of why you need funding you can start researching what funds and grants are available.
Tip: There is a great resource for available funding here
2. Make sure you read through the eligibility form
When you have found a trust or organisation that you think will support your funding bid read through their eligibility form! There is no point spending hours completing an application if you do not fit their criteria.
Tip: If it is unclear whether you fit their criteria email the organisation or call them to find out. This may also be a valuable opportunity to gain feedback before submitting your application.
3. Your finances need to be clear and accountable
It is important to remember that you will need to give a detailed record of your proposed costs; everything must be accounted for!
Be aware that some funding and grants will ask that you have at least 10% cash match funding and funding in kind (where an organisation gives you goods, commodities or services rather than money).
4. Document your project
Remember to keep clear and concise documentation of your project, including photographs and a record of your costs. You may need to present this at the end of the project as part of the funding requirement; alternatively it can also be useful when applying for further funding as a detailed case study.
If you would like support in writing a funding application, why not book a 1:1 session?