Before a grant can ever be considered, a project must first be born. Successful grant organizations always consider a project before seeking appropriate funding. A well-defined project saves time and resources throughout the grant lifecycle.
Before a grant can ever be considered, a project must first be born. Successful grant organizations always consider a project before seeking appropriate funding. A well-defined project saves time and resources throughout the grant lifecycle.
Fundable Programs Have 6 Key Attributes
- Public Need: The first step in defining your project is to determine that a public need exists. Projects that don't address a real and pressing community, state, or national issue are not fundable.
- Link to Organization Priority: By linking your project to your organization's priorities, the project will have the strong leadership and will ensure continuous improvement in the ways your organization addresses the identified needs.
- Resources: Resources take many forms, including funding, staff, volunteers, facilities, and equipment.
- Collaboration: By developing collaborations proactively, it will be much easier to determine how the partnering individuals and groups will work together to facilitate the project once a funding opportunity becomes available.
- Measure of Success: During the project formation stage, identify clear goals and measurable objectives, including short-term and long-term measures, to provide milestones for tracking the ongoing impact of your project.
- Sustainability: During the planning phase, also think about the programmatic and administrative implications of receiving a grant award. What will happen once the funds are expended?
