Could a grant support your business growth?
Grant funding can fuel growth, innovation, and productivity, but it’s clear the process is challenging. The good news? Securing grant funding is a skill that can be learned and our partners at UMi know exactly how vital securing funding can be and have shared some key steps to follow to give yourself the best chance.
Winning a grant requires preparation. Here are the seven steps to get started:
- Research and align your project with the grant’s criteria.
- Prepare essential documents in advance.
- Write a clear, compelling application.
- Highlight how your project aligns with the grant’s goals.
- Provide accurate financial details.
- Triple-check your submission for errors.
- Submit on time – late applications won’t be considered.
Which grants are available?
With £156bn available annually across 1,700 UK schemes, finding the right grant may seem overwhelming. UMi’s Funding and Grants Finder simplifies this process, highlighting local and national support tailored to your business needs.
Your UMi subscription is included in Plus and Pro NCASS memberships at no additional cost. If you have a Premium membership, you can get a 3-month free trial and more than 50% discount on the £120 annual cost which means that you can get UMi for just £49.95 / year.
Grant funding may be challenging, but with the right approach, it’s definitely achievable. To further explain and help you navigate the process, UMi are currently running their ongoing Get Funding webinar series. ‘Get Working Capital’, the next webinar is taking place on 11th February. Click here to sign up.
Want to learn more about grant funding and how to unlock it? Check out the full article here.
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