Yes, there’s government money available for all sorts of businesses! But before you pursue it, I suggest in this post learning the differences between contracts and grants. Then, assess the competitive standing of your products and / or services. You’ll also need to have in-house or outsourced infrastructure to manage government or foundation funding responsibilities and requirements. Last but not least, explore how these funding sources fit into your overall company market growth and positioning strategy.
As a grant writer, I get a lot of questions from small companies and nonprofits about obtaining government grants and contracts to help them launch. One of the first things an organization must do is to make themselves eligible to do so.
Often, entrepreneurs have not been in business long enough to build a track record and that record is a key variable funding agencies look at when comparing projects and programs to fund. So here you are with a great technology or program or project that needs funding. What can you do to show funding agencies you’re a good risk?
A frequent question I get from prospective clients is, “Can we pay you as a grant writer after…” That is, after they win funding from a proposal I help them create. The justifications run something like, “If we submit a high quality proposal, we will win. Then we can reward you for your assistance from the money we receive…
Grant writers are most effective when they become part of the team early on. This is particularly true for entrepreneurs and very early stage startups that have little knowledge of how federal funding will affect their business development and growth strategies