Grants & Funding Continued
Finally, sign up to as many email Business classification - is the scheme
newsletters from these grant database open to your type of organisation -
websites as you can: J4bgrants is one of limited company, partnership, sole
the best for grant news. And don’t forget trader, charity etc?
the European funding that is available.
These can be found at sites like: Industry-type schemes may be aimed
at the development of certain industry
http://ec.europa.eu/grants/index_en.htm sectors, for example manufacturing,
www.microsoft.com/emea/euga/ agriculture, media etc.
Business size - many grants stipulate
Step 3 - Making the application
so many employees or turnover at a
Your application can take anything from a
certain level.
few hours to days, weeks or even months
to prepare, so be sure that you can commit
Match funding - you'll need to put up
the time. For bigger projects it may pay to
some of your own money. It's rare for
employ a professional who knows how to
a grant to cover more than 50%.
tailor your project to the criteria the grant
scheme specifies. If you are doing it
State Aid restrictions - there are limits
yourself, make sure you understand what is
set by the European Commission on
wanted and adhere strictly to the rules –
the levels of public funding ('State Aid')
careless and inappropriate claims waste
that states may provide to businesses
everybody’s time.
so that competition across the
European Community may not
And don’t forget that grants are just like any
be distorted.
other business model - they are
competitive, so your hard work may not pay
Ensure your proposal includes:
off. But all should not be lost, as the
process alone will further the planning of
A detailed project description that
your project, and clarify your view of it. Plus
shows how it meets the grant criteria,
you can expect other funding opportunities
with costings.
to arise in the future.
An explanation of the potential
And if your application is successful, be
benefits of the project to your
sure that you deliver your project - a grant
business, local employment, etc.
can be withdrawn if you don't achieve the
agreed targets.
Details of your own relevant
experience and that of other key
Lastly, be sure to look out for:
managers, partners etc.
A business plan.
Restrictions - funding will usually
relate to a specific project and output
and nothing else.
Completed application forms.
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