When it comes to government grants and applying for one, a lot of people are still clueless on how to proceed with it. If you are one of them then this article is for you. Take time to read the rest of the article to learn more information on government grants and how to get one.
What is a Grant?
A grant is a type of fund that is awarded to a recipient or group of recipients for purposes of benefiting the public and the larger population. Grant makers can either be a corporation, a trust or foundation, or the government through a number of government departments. Grants are classified into categories, which include Disaster Prevention and Relief, Education, Employment, Health, Science and Technology, and Transportation to mention a few.
How to Get Government Grants?
A lot of people are interested in applying for Government Grants but do not have an idea on how and where to start. Before you start your application, you have to do a thorough research on what government agencies are offering grants. You can browse their websites for updates or you can also call or visit them, whichever you prefer. If you see a grant that you want to apply for, then you can submit a proposal through grant writing.
What is Grant Writing?
Grant writing is the process of writing down your proposal for Grant Makers to review. As a Grant Seeker, knowledge of grant writing is very important to increase the chances of your proposal getting accepted. You have to remember that Grant Makers receive large volumes of grant proposals regularly and to have an edge over the others, effective and powerful grant writing is a must.
How to Write An Effective And Powerful Grant Proposal?
When writing a grant proposal, there are some tips that you need to consider. You have to come up with a well-written grant proposal that will make the Grant Makers take a closer look at what you have in mind. When you write your grant proposal, you need to present your ideas in a clear and specific manner. Be convincing enough without being pushy. Let the Grant Makers know where you are headed with your proposal and how you can make your proposal work.
Who Are Eligible to Apply For Government Grants?
Grants are open not only for individuals but also for organizations, which can include education and public housing organizations, non-profit and for-profit organizations, government organizations such as local and state governments, and also small businesses.
If you are a promising student and would like to continue with your studies but do not have the appropriate funds, you can apply for a grant to continue your education. You can choose from the various grants available under the Education category and select the grant that applies to your situation. After selecting a specific grant, you have to fulfill the necessary requirements and submit your grant proposal for review.
For research centers and facilities who would like to seek research grants, involvement of several committees and review boards are required. Grants for small businesses may be awarded provided that the companies are able to meet the size standards based on the number of employees and the annual revenues.
What to Do If the Grant Proposal Is Rejected?
Rejection is not reason enough to give up on your grant proposal. If you believe that you have done well in presenting your ideas through your grant proposal, then giving up is not the right option. Instead of feeling discouraged, learn to look at it as another opportunity to improve and do better next time. You can try revising your grant proposal or you can seek help from someone who is knowledgeable enough when it comes to grant writing. It could be that you were not able to present your ideas well or your proposal was not able to provide what the Grant Makers were looking for. You can try submitting your proposal to other agencies that offer the same grant award or you can reapply with a new or revised proposal after the waiting period, which is usually a year after.
Grant Proposal Accepted, What to Do Next?
Once your proposal is accepted, you will receive the funding allocated for the grant. During the grant duration period specified, Grant Makers will require you to submit a follow-up/progress report for status update. Failure to submit the report on time may affect your future grant requests so you must always remember to submit your report not later than the date specified. You will also be required to hand in a final report near the end of the grant period.
It should be noted that grant funds are awarded to carry out a specific purpose to benefit the whole community and cannot be used for personal financial assistance. If you’re looking for a solution to settle your financial difficulties, then applying for a grant is not the right option. Instead you can choose to apply for a loan, which, unlike grants, needs to be paid back with interest within a given period of time.
Getting a government grant may not be that easy however if you believe that your proposal deserves to be granted an award, then you have to go for it. Submit a powerful and well-thought of grant proposal to convince the Grant Makers that your ideas are worthy of funding.
If you don’t want to mess around with the BizGrant free trial terms and conditions, in others words… the small print – You can get a copy of BizGrant software from Amazon.com