How To Write a Grant Proposal

There are many sources of grants beyond the government such as family offices and foundations.
These private organizations seek to further their mission through grants to those who can advance the technology or the cause.
Here are some key steps in writing a grant proposal:
Develop a cover letter that describes the purpose of the grant and why the grantor should consider it.
Build an executive summary that captures the problem, your solution, the team, and current activities.
The purpose is to provide an overview of the proposal highlighting key details.
Write a full proposal that shows the firm seeking the grant.
Include the current state of the business, the team, and its capabilities.
Write out the problem to be solved. Show the solution you offer.
Make clear the actions and results proposed to achieve the solution.
Show how you measure success and will track the progress of the program.
Show funding gained from other sources. State the ask for the funding including the amount.
Show the use of funds for the project. Include these elements in your grant proposal.

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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.