If you are a small business that needs funding or financial support to survive COVID-19, consider grants. There are great ways to find available opportunities: 1.) Check with local government agencies 2.) Check with federal agencies 3.) Check with major corporations 4.) Search the internet 5.) Ask around locally 6.) Visit the local library for the latest grant directories.
Important Tips for Grant Writing
The business of securing a federal, state, or private grant is extremely competitive. The organization must craft a professionally written, concise proposal that leaves no room for questions or doubts for the reader. The first thing to do before writing a grant proposal is to read the announcement multiple times. Make sure all requirements are understood. Then have a conversation with the team to double check that the organization is equipped to satisfy all requirements. Not most, but all. The team should also discuss if the award is worth the effort and inspires full commitment.
Consider the financial structure of the business. Can the organization handle the financial reporting requirements and related tasks? Finally, it must be decided who will write the grant proposal. Will the business use someone in-house or hire a professional grant writer? Regardless who does the writing, good proposals must include the following parts:
- Goals & Objectives
- Resources & Capabilities
Lastly, do not stop if you get a rejection. Keep applying, writing, and networking. Always be on the lookout for new programs that support small businesses.
NEXT STEPS: Like, share, subscribe to the blog. Are you looking for an opportunity as an individual? Check out Indigo Stone’s resume writing tips.