Step-By-Step Guide to Writing a Grant Proposal

how to write a grant proposal for a small business

Once you learn the basics and follow the guidelines given by the grantor, you can increase their chances of getting a grant. Find the proposal template that you need to boost your sales from the table on the right. Use clear, straightforward language and formatting to keep the reader engaged. Short sentences and small paragraphs make information easy to absorb. Headings, bullet points, and bold text also help guide the reader through key points. Repeat important terms and tie sections back to your central theme or purpose to create flow in the narrative.

Businesses can also apply for a grant directly on the agency’s website. From there, states may be able to allocate money to organizations and businesses for a specific activity. The amount the awardee distributes can be based on the numbers an organization serves or the number of residents in the community. There are more than 1,000 different grant programs available to businesses and individuals that qualify, distributed by 26 grant-specific agencies across 21 distinct categories. It’s often helpful and more effective to assemble a team to write your proposal. Ideally you can include people who have review proposals before or someone who has experience as an editor.

Successful Sample Grant Proposals

Another study by [institution] confirmed these findings in 2020, highlighting the importance of [potential solution] in dealing with these issues. You may need to provide solvency statements to prove that you can meet your financial commitments to your staff and contractors. The Pet Care Clinic respectfully requests a grant of $30,000 for our South Boston Health Center Project. Save time by using document management software like PandaDoc to assist you in this difficult task. Calculate the award against the time invested before pursuing the opportunity.

It’s important to neither overquote nor underquote yourself, because while you might secure the grant by underquoting, you may not walk away with enough funding for your project. That said, if you do start with your cover letter, make sure to keep it short but impactful—you need to capture the attention of the agency’s reviewers. Once you know what you’re trying to accomplish, you need to start planning. Flesh out the details of what your program, project, or initiative is all about that you’re seeking funding for.

Outline the Proposal Requirements

Common grantees are children, organizations, environmentalists, human life/ animal life, social justice activists, etc. Look for credentials that certify your expertise for the specific grant program. For example, if you’re applying for a tech grant, consider certifications in web design, SEO, how to write a grant proposal for a small business or social media marketing. For a healthcare-specific grant, get certified in health IT, healthcare compliance, or patient advocacy. Discuss goals, objectives, timelines, budgets, and primary activities or milestones. Share details that prove your project is well-developed and ready to execute.

how to write a grant proposal for a small business

Demonstrate your business’s capability to successfully implement the proposed project. Develop a detailed budget for your project, including all the expenses you anticipate. Some grants may have specific budget formats that you must follow. Once completed, review the proposal to ensure the proposal is written in a perspective that can be understood by someone not involved in the same industry. Reducing or removing jargon and abbreviations can be helpful to the reader. Alternatively, have a third party review the proposal and ask them to give feedback.

Be sure to have a strong understanding of your project

This means that you have valuable research to do or a particular nonprofit to build or a community resource you’re passionate about developing. You have a distinct vision for how something could be improved or advanced, and you’re ready to ask for funding or other support to help this vision become a reality. The process of writing a grant proposal can seem daunting, but with careful preparation and organization, it can be a relatively easy task. By following these simple steps, you can increase your chances of being awarded the grant money you need to help your small business grow. There are many different types of grants that small businesses can apply for. The most common are federal grants, state grants, and local grants.

  • You can use that information to your advantage in your proposal.
  • In some cases, that grant funding was available to use to lease lab equipment.
  • Capital support grants are funds given for specific capital investments.
  • With a winning pitch that speaks to the reviewer’s interests and priorities, you’ll have the funding to turn your small business dreams into reality.
  • You can also request a match, search for a business mentor, or find your local chapter to get the advice or expertise you’re looking for.
  • Regardless of the format, these components are typically included as they will cater to most of the requirements needed by grantors.
  • Click here to read our full review for free and apply in just 2 minutes.

Luckily, there are a number of grant funding sources available to small businesses in the US. It is a central database for everyone who makes, receives, and manages federal grants and awards. Government contractors can use SAM, short for Systems for Award Management, to search for grants and contracts and view contract opportunity reports. To use the site and do business with the US government, you need to register your business. Learn more about the website’s requirements and features using its  help center. If you tie your goals into the funding agency’s mission or goal, you will build an even stronger case for your business.

Grant proposal template

Because grant funding is so competitive, you will likely be applying for several different grants from multiple funding agencies. But if you do this, make sure that you carefully design each proposal to respond to the different interests, expectations, and guidelines of each source. While you might scavenge parts of one proposal for another, never use the exact same proposal twice. Additionally when you apply to more than one source at the same time, be sure to think strategically about the kind of support you are asking from which organization. Do your research to find out, for example, which source is more likely to support a request for materials and which is more interested in covering the cost of personnel. On this page, we offer some ways of thinking about grant proposals and advice about the process of planning and writing a proposal.

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