Grant amounts vary significantly, so you’ll need to refer to applicant guides to determine how much funding a particular program offers.
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Grant amounts vary significantly, so you’ll need to refer to applicant guides to determine how much funding a particular program offers. In most cases, the grant will cover a percentage of eligible costs up to a predetermined maximum. Let’s look at how this works for different types of grants.
Maximizing grant funding takes a bit of strategy. Some programs can be combined or “stacked,” while others cannot. If you are eligible for more than one program, you might have to assess which one will award a higher funding amount, and which one is more likely to approve your application.
If this was just a matter of evaluating your application against program criteria, it wouldn’t be so hard, but there are several other factors that come into play. Internal mandates and/or quota affect funder decisions, but these X factors are not always obvious to applicants. The best way to learn about them is to talk to funders about their program priorities. We’ve said it before, and we’ll say it again: stay curious, and ask questions whenever you get the chance!
Curious about how much grant funding your small business qualifies for? Head on over to our grant calculator!
Grant amounts vary significantly, so you’ll need to refer to applicant guides to determine how much funding a particular program offers.
Curious about how much grant funding your company can get?