Friday 15 January 2016

Tips To Help You Get International Project Funding

By Joshua Russell


It may not always be possible for you to raise all the money that you need to fund a specific project that you are interested in. When this happens, it is advisable to try and raise money through various sources. This includes using international project funding to gain money through grants and loans. To ensure that you successfully raise the money you need, it is essential to keep various things in mind.

Decide on how much money you intend to raise. This will help you find the right organization and the right platform to utilize to achieve your goals. Having a figure in mind will also help you know how many donors you need to approach to reach your target amount. The higher the figure you set, the harder you will have to work to raise the funds needed.

Once you start your fund raising campaign, do not go about it secretly. Let as many people as possible know about the campaign. This will help to create more awareness about your venture. It will also help to make you more visible to potential donors and increase chances of you getting support. Reach out to influential people within your community and have them back you up. This will make your campaign look more credible and it will give investors the confidence to invest their money into the venture.

Be ready to invest your time and energy into raising the money that you need. You can even consider fund raising as being a full time job until you reach the amount that you intend. Work on the campaign on a regular basis and keep trying out various approaches, so as to keep your campaign alive.

Have all the correct facts and figures that are necessary towards achieving your goals. You should be able to communicate all this information clearly to your supporters. This will help them understand how far you have gone with your idea and where you need help. It also helps financiers to gauge whether your ideas are sustainable and will have a good return on investment.

To increase your chances of getting a donor to invest into your venture, find out what their requirements are and try to meet those requirements. Submit your proposal in time and ensure that it is well written well formatted. Don't just take a one size fits all approach when dealing with investors, but tailor make your approach to suit each potential donor.

Tell a story to help you connect with donors. Most people are willing to give money to missions that they can identify with and connect to. The best way to ensure that they connect with your goals is through storytelling. Let your passion for what you are doing show through your stories.

Be willing to contribute some of the money towards your goals. If you want other people to give their money and support your cause, you should also be willing to invest your own cash. This will make other people more willing to top up the remaining amount. The money you invest into the venture can come out from your savings, money borrowed from friends and family or maxed out credit cards.




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