Tuesday, July 1, 2014
The "How-To" of Grant Proposal Writing
Interested in starting up an Non-Profit or Need Funding. Here is some information to get you started from Black Enterprise.
Grants are generally given to non-profit organizations for programs and services that benefit the community or specific group of the general public. Most funding institutions don’t provide grants to individuals who will use the proceeds to start or develop a for-profit business. As with any rule, there are exceptions. But usually when an individual does secure a grant that assists his or her enterprise, it is typically for a very specific objective—such as developing products that improve the quality of healthcare—and not general operating purposes.
No matter if you are seeking government or private funding, a well-written grant proposal clearly states your objectives, sets forth a plan, and provides a realistic budget. The following tips will help you to write a winning grant proposal.
Make sure your mission and purpose fits closely with the funding entity’s mission and purpose. Don’t tailor what your business does to get the funding. Only apply for grants that look like they’re specifically written for you, your business.
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