123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Preparing Your Grants Applications For Sbir And Sttr Programs

Profile Picture
By Author: Alice Brooks
Total Articles: 90
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

You have a new idea for a business and you need funds to improve on the idea you have. You decide to try your hand at getting a grant from one of the federal agencies that give out grants to small businesses that focus on the development of new products and researching how to improve on them. The government agency you will need to tap is the SBA or Small Business Administration and the programs you will need to look through for the grants you need are the SBIR or Small Business Innovation Research program and the STTR or Small Business Technology Transfer program.

Preparing grant proposals for these two programs requires a lot of research, and a lot of hard work to put together a convincing proposal that shows your idea is well worth the money that the government will give you to develop it. When you first put together a grant proposal, you will first need to determine which program best suits the kind of idea for the small business that you have. You will also need to familiarize yourself with the specific requirements that the grant giving body has for such grants.

Before you start writing the grant proposal ...
... you will be presenting to the grant giving body, you will need to ascertain first whether or not you are capable of writing a killer grant proposal for your idea for a business. While some people rely on a professional grant writer for this, writing your own proposal for such a venture will show the people you are asking the funds from that you are more than capable of running your own business. Doing what needs to be done to make it succeed will be seen as an attitude you have with your doing your own grant writing despite the fact that you don't have any experience with such things.

When you write your own grant proposals, you will need to first consider whether or not you are unique enough for the grant giving body to notice. You will also need to study a bit on how grant proposals are made and how to put these together. There are a number of books you can find on how to do this with step-by-step guides as well as tips on what you should and should not do when you are putting together your grant proposal for your small business. There are also seminars you can attend that will teach you how these things are made what makes a successful grant proposal get the funds that a lot of people are after.

Knowing how to write the proposal for the grants you are aiming for is the make-or-break point for your business idea and if you don't know how to do it properly, you will stand the chance of losing to someone who does not have as brilliant an idea as you do but is grant writing savvy that makes him noticeable and makes his business seem more plausible and more inclined to succeed.

The right proposal for your grants application for your unique idea for a small business should be well thought out and well made.

Total Views: 249Word Count: 525See All articles From Author

Add Comment

Investing / Finance Articles

1. Chart Patterns For Effective Intraday
Author: strike

2. Analysis Of Bank Statements: Essential For Banks And Nbfcs
Author: Aakash Parikh

3. Essential Tips For Buying Crypto Miners: Make Informed Decisions
Author: blockdag

4. Everything You Need To Know About Applying For A Swift Funds Loan
Author: Sofia Alice

5. Finding The Right Mortgage Broker In Abbotsford And Surrey, Bc
Author: Satbir Bhullar Mortgages

6. Jaydeep La Residency Thane Kolshet Road Project 2 & 3 Bhk Flats
Author: akhilagardas

7. Embracing Sustainable Investment With Esg Data & Solutions
Author: By Inrate Team

8. The Importance Of Lead Qualification In Solar Appointment Generation
Author: Shan Tait

9. Setting Up Your Company In Ireland: Key Considerations For Successful Formation
Author: LSC and Partners - Corporate Tax Consultancy LSC

10. Mortgage Lenders edmonton – How Are They Going To Help You
Author: Dominion Lending Centres Ratefair

11. Why Managing An Smsf In Perth Can Maximize Your Retirement Potential?
Author: Daniel Stewart

12. The Future Of Cryptocurrencies: A Look Ahead
Author: Ethan

13. Unlocking The Power Of Biodiversity In Data Solutions & Rating Services
Author: By Inrate Team

14. The Role Of Chartered Tax Advisors: Ensuring Compliance And Maximizing Benefits
Author: Business Tax & Money House

15. Innovative Accounting Solutions For Modern Businesses
Author: Business Tax & Money House

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: