Prepare Well in Advance
Funding applications can be a lengthy process. If you have a time frame for when the funding is needed, make sure the application is timely. It is worth noting that many applications are submitted, and funding can be over-prescribed.
Funders and Agencies Can Provide Support – Ask
VSGWL can offer support by proofreading completed applications. It is good practise for someone from outside your organisation to look over an application prior to submission.
Build a Relationship With the Funder
Contrary to popular belief, funders want to provide financial support to organisations. If you are unsure if your project fits the funding criteria, or, you have any questions, contact the funder who will be happy to advise. There is usually an application guide provided with the application form, this is a valuable tool when completing the application.
Be Clear and Decisive
Be clear and realistic about your costs. Be clear about the goals, aims and outcomes of the project. Describe how the project will be delivered.
Introduce your Organisation
A brief, clear explanation of your group can be a valuable asset when seeking funding. Consider preparing this information in advance to streamline your application process.
Use Plain Jargon Free Language
Avoid using internal jargon or overly complex language when explaining your project to funders. Focus on clearly stating the funding request and the positive impact it will have on your target community.
Using Funding Effectively
New organisations may find it challenging to secure large grants. Establishing relationships with funders and demonstrating your ability to manage projects effectively can help build trust and increase your chances of future funding.
Check Your Project Costs
Funding applications can fail if the project costs do not add up. Getting someone to look over your budget can help to ensure that the funding amount applied for will cover your projections.
Managing a Grant
External grants that you receive may be restricted funding for the project. Monies must be spent on your application proposal. Contact the funder for any underspend or questions you may have about the project grant.
Recognise and Appreciate the Funder
This is sometimes a condition of a grant even if it is not, it is good practice to recognise your funders. This may be achieved by adding their logo to communications. Ask them what they expect.
