Sunday, 11 December 2016

Tips Increase Your Chances Of Getting International Project Funding

By Brenda Reed


You may have a very good idea or you may be running a very good cause that is helping the world and a lot of people. However, if you do not have the required finances to support all the activities and things that you want to do, you may soon have to shut down your organization. That is why it is important that you know how to source for funds. Here are some tips that will help to increase your chances of acquiring international project funding.

Find donors who are willing to support people in the niche that you are in. Since you share the same core objectives, they are more likely to view your application more favorably than the application of other people who are not within the same niche. Therefore, do your research first and find out which areas an organization specializes in giving in before you support them.

It is important that you approach the potential donor in the right way. This will increase your chances of getting an award. If you do not know how to approach them, the best thing to do is to contact them and ask them how to go about it. For instance, ask them if they want a soft copy or a hard copy of the proposal. Also ask which language they prefer to get submissions in.

There are different application formats. Make sure to use the right application and you could just get financing. Most organizations inform applicants what their preferred application format is. If you are asked to submit a preliminary application, do so instead of sending a full application. This could save you a lot of hassle and is better than submitting a full application only to be told that you don't qualify.

Know whether your proposal will be reviewed by a committee or by a single individual. If it will be reviewed by a committee, find out who sits in that committee and use an approach that might appeal to them. Use the right type of jargon and style to write and you will catch the attention of the panel. By checking the website of the donor, you could get some insight as to who might constitute the reviewing panel. This will help you draft a suitable proposal.

Read the rules and guidance notes given on how to apply. If you fail to adhere to any of the rules, you could be disqualified. That is why it is important that you find out what you are required to do and do it.

Ensure that you are eligible for the grant. There is no need for you to apply for a grant that you are not eligible for. If there is something that disqualifies you from being eligible, find ways to correct or address the issue before you send in your application for financing.

Ask for advice, especially if it is your first time to send out applications. Talk to industry experts, read widely and spend time with other people who have undergone the same process. This will help you learn what the do's and don'ts are. If possible, ask advice from someone who has successfully applied for the same grant that you want to apply to.




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