How to Hack the Grant Game and Fund Your Biz Like A Pro
If you’re a small business owner in Canada, you’ve probably heard whispers about grants, those elusive pots of gold that can take your biz to the next level. But let’s be honest: navigating the grant landscape can feel like trying to find your way out of a corn maze blindfolded.
Fear not! We’ve got the lowdown on how to boost your grant game straight from the pros at Granted Consulting.
Plan Ahead, Like a Boss
Grants have deadlines, and missing them is a no-go. Start early, get your ducks in a row, and give yourself ample time to craft a solid application. Whether you’re planning the next year of grant opportunities or you’re planning a project for a specific grant, having a logical timeline with set goals will make the writing process more manageable. Take, for instance, the story of a cleaning business from Hamilton, Ontario. By meticulously planning and applying for a government grant, they secured $32,750, which was pivotal in launching their high-tech green cleaning venture.
Pro Tip from Granted: Start researching grants months before you need funding. Many grants have fixed deadlines and require extensive documentation (like financial reports and business plans).
Know Your Limits, Don’t Bite Off More Than You Can Chew
A clear vision can guide your application process and keep you motivated. At Granted Consulting, we suggest starting with your short term strategy to identify your business needs. You can also learn about your Grant Eligibility by utilizing the Grant Calculator tool to determine how much grant funding your company could be eligible for and learn which grant service we offer that matches your business stage/needs. Moonshine Mama’s, a health-focused beverage company from Saltspring Island, partnered with Granted Consulting to transition from the GetGranted platform to Granted Pro, aligning their growth vision with strategic grant applications.
Pro Tip from Granted: Make your grant application story-driven. Funders want to see how their money will create a real impact.
Partner with the Pros: Granted Consulting Has Your Back
Feeling overwhelmed? Granted Consulting has been in the game since 2012, helping over 1,400 businesses secure millions in funding with a 92% approval rate. We offer tailored services like GetGranted, Granted Starter, and GrantedPro to match your business needs. Granted Consulting’s CEO, Stephanie Sang, also known as the ‘Grant Angel,’ educates businesses on identifying and securing grant funding. Inviting experts like Stephanie to speak at your events can provide your team with valuable insights into the grant process.
Stay Persistent and Follow Up: The Fortune Is in the Follow-Up
Didn’t get the grant on your first try? Don’t sweat it. Persistence is key. If your application is turned down, it’s generally acceptable to politely ask for more information as to why. For example, you might ask whether it would be worth reapplying and, if so, what you could do differently to improve your chances.
Pro Tip from Granted: If you don’t win a grant, ask why. Many funders offer feedback, so use it to refine and resubmit your application.
Leverage Technology: Use Tools to Simplify the Process
In today’s digital age, numerous tools can help streamline the grant application. Platforms like GetGranted provide databases of Canadian grants at your fingertips, making it easier to find and apply for the right opportunities.
Network Like a Pro: Build Relationships
Building relationships with grant providers can give you an edge. Attend industry events, webinars, and workshops to connect with potential funders. A strong network can open doors to exclusive grant opportunities and provide valuable insights into the application process. We at Granted Consulting host free webinars to educate anyone interested in the grants world!
Keep Learning: Stay Updated on Grant Opportunities
The grant landscape is ever-evolving. Subscribe to newsletters, join relevant Network Groups, and regularly check platforms like Granted Consulting’s blog to stay informed about new grant opportunities and deadlines.
Celebrate Small Wins: Acknowledge Your Progress
Every step forward is a win. Celebrate your progress, Whether completing a challenging application or securing a small grant. These milestones keep the momentum and bring you closer to your bigger goals.
Securing grants isn’t just about the money; it’s about fueling your passion, expanding your impact, and taking your business to new heights. With these insights and the support of our team at Granted Consulting, you’re well on your way to grant success. So, gear up, stay focused, and let’s get that bread!
For more personalized guidance and to explore grant opportunities tailored to your business, check out Granted Consulting’s services.
