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Top Tips on Applying for Funding

Posted by Redbourn Business Systems on Friday, August 10, 2012 Under: Funding

1.  Don’t be frightened to get in touch with the funder

If you have a query regarding your funding application, you can contact the funder to discuss your concerns and application. Most funders expect this contact and often have outreach workers who will help you with the application process.

2.  Be precise

Ensure you have answered all the basic the questions: Who? Where? When? Why? What? and How? you intend to accomplish your project. You must make certain the funder understands exactly how their money will be used.

3.  Avoid long justifications

Use bullet points and short factual content, rather than lengthy paragraphs.  This makes it easier to read and digest, keeping it brief and to the point.  Start by jotting down all the details and then edit to the minimum content.

4.  Research

Make sure you check what projects the grant is likely to fund. Use resources such as GRANTnet a straightforward FREE-to-use service from GRANTfinder, can help charities and not of profit organisations like yours to find suitable funding.

Read the application criteria and guidelines, check the funder’s website to see what past projects they have funded.

5.  Be aware of your surroundings

Are there other local organisations that run similar projects? Could you build partnerships with them? What resources are available to you? You will need to support any details included in your application. 

6.  Have a defined budget

Include a clear and well written budget that breaks down the costs of your projects. This will help funders comprehend how the numbers stack up and reach the total amount. Ensure to put the time in to get quotations for how much the products and services you require cost rather than ‘guestimating’.

7.  Is your application consistent?

Check your budget accounts for the whole project proposal. Are your proposed outcomes achievable considering the proposed activities, timescale and budget?

8.  Always ask somebody else to read through your application

Things that seem obvious to you may appear unclear to others. Asking somebody else to read through and double check your application makes sense, will mean your application is more likely to be accepted.

9.  Enclose any supporting documents

Be sure to enclose any supporting documents, these may include your constitution, Accounts, bank statements, Annual Report and any relevant policies (eg Health & Safety Policy).

10.  Successful application

Present a clear and accurate monitoring report prior to the specified deadline. This will increase their confidence in you and more significantly your odds for additional funding.

 For more information on submitting a successful funding application contact marketing on 01582 794 229 or by email AdvantageNFP

In : Funding 

Tags: "funding" "application" "grant" 
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