Why Your Grant Application Will not be Approved...

Every day, dozens of grant applications hit my email box, and I can tell you that on average, only 1 applicant out of the batch will even make it to the final review process. After quickly scan each application, the vast majority of them will get moved to the "does not meet requirements" folder.

Am I being cold and heartless? No, not at all. In fact, most of the applications are heart wrenching tales of people who truly need the money - the problem is that they are not applying for the right grant.

You see, each grantor, whether it is a government or private sector entity, has certain guidelines and protocols that MUST be met before an application can even be considered for the grant funding to be awarded.

In my case, I award a small business grant several times a year, The Amber Grant For Women Entrepreneurs. Each grant period deadline is clearly stated on our web site, along with the amount to be awarded, which is usually $500.

The terms & conditions page clearly advises grantees that their project must be completed with the amount awarded, or significantly impacted by the award.((Instead, at least half of the applications are for building purchases or renovations, or the purchase of manufacturing equipment, autos etc.

Obviously, these applications never make it past the initial review because the funding needed is far beyond our grant award - and yet, these applicants are no doubt sitting and waiting for their grant application to be reviewed - frustrated when they don?t get their money.((

The next problem that I encounter is the description of the applicant?s business proposal. The application asks for a detailed description of the applicant's business, and how the money will be used. ?I don?t know what I am going to do but I know that if I had the money I would be able to start a business? shows up more times than you would believe.

Want to guess where these applications wind up? You guessed it - they certainly don?t get moved on to the ?finalists? round.

The FIRST step in finding a grant for any venture is to make sure that you are applying to the RIGHT SOURCE! Go over the Grantor's funding guidelines thoroughly BEFORE you complete your grant application.

You are simply wasting your time and the Grantor's time if you apply for a grant that doesn't fund the kind of project you are planning, or for the amount of funding that you are asking for.((

The second step is following the instructions - answer the questions in detail, put some thought into it. Make it sound as though it matters - because if you want the money for your business, it SHOULD matter!

Grants for businesses are almost impossible to find - don?t lessen your chances even more by ignoring the guidelines!((