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Thursday 28 January 2016

Pointers On Attaining 100 Percent Project Funding

By Dennis Mitchell


Regardless of if you are an employee in private or public fields of work, you may be familiar with the challenging task of writing a funding proposal. To follow are some practical suggestions which can have a big benefit in the aim to achieve 100 percent project funding. Knowing the ins and outs of this type of work is a useful tool to help increase your chances of success.

One of the main important aspects of creating a good proposal is doing thorough and sound research. This has multiple benefits. Spending time researching the funding organization which you are approaching is a great way to help personalize the proposal to their values and concerns.

For instance, if you understand that a funding body has a history of funding projects with environmental concerns, this is an opportunity to make sure your project highlights these aspects. The research can also help you to get a sense of how much money the potential financial back has given for other projects. It allows you to adjust your proposal to match the criteria which the funding body usually make decisions by.

Additionally, the process of doing careful research is likely to give your whole proposal a boost by providing lots of evidence and sound facts. It is essential that the project be very well researched and show proof that it is likely to succeed. Coming from a position of strength and stability in terms of research can help to put your project in a positive light.

Additionally, it is important to adjust the sums of money requested to a reasonable and realistic amount. This can be difficult to gauge, but practice and a sound knowledge of the project can help. Making sure that the sums are a realistic projection of the costs which you have outlined is essential to showing that your proposal is based on sound evidence.

A very important although often overlooked aspect is correct punctuation and grammar. In addition, your proposal should come across as polite and professional. The overall tone and appearance of your work should be respectful, a point which can make all the difference when it comes to initial contact.

It can also be very useful to clearly indicate how the project will have a bigger impact on the wider community. Certainly, many funding bodies are generous and altruistic but also embrace how the project can strengthen their brand. Showing how investing in the project can benefit the company is very worthwhile.

For example, you might show the potential impact of the work on the local community and the greater world. The opportunity for a project to resonate and benefit a large number of people is very appealing to many companies. As well, it is a chance to advance their brand through association with positive projects. For more pointers on this topic, you can find a host of sites and blogs online which focus particularly on helping with writing funding proposals and research projects. The often include lists of resources to help you through the process of compiling information, checking facts and constructing a sound argument, and submission to funding organizations.




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