How to Write a Grant Proposal: 2023 Step-by-Step Guide

how to write a grant proposal for a small business

Many grants, especially those offered by the government, have strict rules on how you can spend the award. You won’t just get a check you can spend on anything; you must meet the grant’s requirements. You can also explain how you intend to use a specific piece of software to save time or money. The program facilitators will administer both a set of pretests and posttests to students in order to determine to which degree the project is fulfilling the objectives. The periodic tests will be created by a set of outside collaborators (experts in child education) and will take place on a monthly basis for the duration of the program. List the new hires and skills, additional facilities, transport, and support services you need to deliver the project and achieve the defined measures for success.

how to write a grant proposal for a small business

Proposals are evaluated on whether they meet a client’s expectations regarding goals, timelines, deliverables, and budget. Use Jotform’s free business proposal template here to highlight the potential, ideas, and benefits of your business. If applying electronically through please ensure that adequate time is allotted to register and download applicable software and forms. offers several grants-related YouTube videos, we encourage you to begin with “Intro to – Applying for a Federal Grant on” which provides startup requirements and tips. The most comprehensive collection of grant samples may be at Grants Space by Candid. It has downloadable sample grant proposals, cover letters and more.

How to Secure a Business Grant

As mentioned earlier, if there are keywords in the call for proposals—or in the funding organization’s mission or goal—be sure to use some of those terms throughout your proposal. You want to help your readers understand the connections that exist between your project and their purpose without belaboring these connections. Even though your cover letter will be the first part of your grant application, it helps to write it last.

  • You’ll also see in the guidelines that a grant proposal must include information submitted in a specific order.
  • The length of your proposal will depend on the requirements of the funding source and the complexity of your project.
  • It gives an overview of your business, why you need the grant, and how you intend to use the funds.
  • Its many features include business intelligence, training, publications, and networking.
  • Competitive grants, like any grant, are submitted for approval and reviewed by a team of reviewers who make a decision to fund the proposed project or not.

Artists might instead describe their materials or process, while small business grant writers can likely skip this section. If you’re not writing a super formal grant proposal, you might be able to cut or combine some how to write a grant proposal for a small business of these sections. When in doubt, check with the funding agency to learn their expectations for your proposal. They might have an RFP or other guidelines that specify the exact outline they want you to follow.

Job Proposal Template

Once you’ve identified potential grants, thoroughly read and understand their guidelines and requirements. Each grant may have specific eligibility criteria, funding amounts, application formats, and deadlines. You may need to have your CEO and the Board President sign the cover sheet or letter. You do not need a fancy binder, but it should all be neatly typed and free of errors.

  • Indicate that your business has hit a plateau, or is just getting started, and that the grant money will make it possible for your enterprise to increase sales or profits exponentially.
  • Grant writing can be a complex and time-consuming process, but it’s definitely doable with some effort and research.
  • A good cover letter introduces the grantor to the business and extols its virtues about why the business is ideal for the grant.
  • At first glance, grant proposals may only appear to benefit the organization or individual who needs the money, but that’s not exactly true.
  • Besides catching general errors, they can offer advice and insights on how to make your proposal better.
  • Unlike the rest of your grant application, the letter can be less formal and address the reader more directly.
  • Another study by [institution] confirmed these findings in 2020, highlighting the importance of [potential solution] in dealing with these issues.

Contact us and let us know how we can help with your leasing needs. In some cases, that grant funding was available to use to lease lab equipment. By leasing the lab equipment they needed, our clients were able to extend their funding and save more for their research and development efforts. Nonprofits and professional grant writing consultants rely on Instrumentl to match with the right funders, identify trends, and track and manage grants. While GrantWatch can be an excellent database to search for grants, it does require that you become a member.

Create a grant proposal.

A grant is essentially free money which you don’t have to pay back. Funding can come from various places, including your local and state governments, the federal government, public and private organizations, and even individuals. All kinds of business owners, from solopreneurs to corporations, can apply for grants. Grant funding can be a great way to get the money you need to start or expand your business. They are typically less restrictive than small business loans, and the application process is usually simpler. In addition, if your grant proposal is accepted, you may have access to other resources such as mentorship, networking opportunities, and workshops.

Be as specific as possible, explaining how the money will be used and why. Offer charts and graphs to show allocation and expected growth projections. Explain your business and its objectives clearly and effectively. Focus on action words to describe business activities, and look for opportunities to indicate what sets your business apart from others. Discuss your target market and how you are reaching that market. Grant money should not remain stagnant, so the proposal committee needs to see how you will put the money to good use in expanding your business by gaining new customers.

Grant Proposals

It is always helpful to have another set of eyes to look over your proposal. Since you’ve spent so many hours poring over every word, your brain will automatically correct typos or grammatical errors before you have a chance to notice them. Simplifying how small businesses understand and access capital. The only thing you really have control over in this process is the quality of your application. You can also work with a procurement center representative (PCR) if you need help securing government contracts. Because PCRs are able to see government procurement strategies before they’re announced, they are in a good position to help you in touch with a small business opportunity.

how to write a grant proposal for a small business

While following these guidelines and instructions does not guarantee you’ll get funding, it does increase the likelihood of getting approved. While there may be more opportunities for non-profit organizations when it comes to grant funding, grants for small business owners are not rare. This means that you have valuable research to do or a particular nonprofit to build or a community resource you’re passionate about developing.

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