Writing A Proposal That Will Guarantee 100 Percent Project Funding

By Christine Jackson

Even the best idea in the world will wither into oblivion in the absence of capital. While some businesses have funds to implement part of their ideas, the market recognizes the existence of others who require 100 percent project funding. However, this is cash that belongs to other entities and is never free for everyone who needs it. You need a proposal and plan that is captivating and compelling.

The conditions given to get funds from any organization or individual vary. You may be required to give up part of your equity which changes the administration and management structure. Your future cash flow may also be affected until a point where the capital invested is recovered. In other cases, you enjoy interest rates that are more lenient compared to what commercial banks offer.

Most project proposals are not funded because of several reasons. Only a proposal that is compelling will receive funding. Should the investor feel that you do not understand the industry or problem you are attempting to solve, he has sufficient grounds to reply with a regret. Some solutions are also unbelievable. For some, budgets get inflated or the plan shows weaknesses in expertise required to implement the project.

How then do you draft a proposal that will guarantee funding? The main point to consider is that a proposal acts as your advocate before the decision makers or panel. The panel needs a clean, accurate and crisp document. Create a persuasive narrative that leaves a lasting impression in the eyes and minds of the panel. Remember to make your request for money politely ensuring that your promises are easy to deliver.

There are vetting stages before any proposal can even be discussed. This is where bright ideas fizzle. Failure to follow instructions will see the proposal disregarded even before it is discussed. If the instructions indicate that you write 300 words, do not exceed or fall too short. Stick within reasonable budgetary limits to avoid disqualification.

It helps to have a simple, precise and accurate proposal. Financiers and organizations have thousands of proposals to consider. They need a quick overview, accurate figures and precise presentation. Any meaningless sentences and words should be eliminated from your proposal. An executive summary is required to provide an overview of your idea. While providing the summary, do not leave out crucial details since this will lead to disqualification.

Before making any proposal, you must know your figures. Investors understand a lot and have access to information on industries they seek to invest. Research thoroughly and only present figures and facts that are verifiable. Know the rates of returns, your competition, market projection, etc. This shows competence and understanding of your area of operation.

Time is a determinant of availability of funds. Organizations and financiers set a window period to receive proposals. Any proposal that is not received within this period is disregarded. Know the period it takes to reply so that you do not wait in vain. Adopt the right structure, formatting, dates and ensure that you submit it on time. Be detailed, clear and articulate in making your request.

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