Top bid-writing tips to help secure funding
Posted on 1st March 2023
Bid writing can be a daunting task, especially for small charities and start-up businesses. However, with the right approach and a bit of know-how, you can increase your chances of securing funding.
Here are some top bid-writing tips to help you succeed.
1. Understand the funding criteria
Before you start writing your bid, make sure you fully understand the funding criteria. This will help you to tailor your bid to the specific requirements of the funding organisation and increase your chances of success.
2. Show how your project aligns with the funding organisation's mission
Funding organisations are looking for projects that align with their mission and values. Make sure you clearly demonstrate how your project aligns with the funding organisation's mission and how it will have a positive impact on the community.
3. Be clear and concise
Keep your bid as clear and concise as possible. Avoid using jargon and be sure to explain any technical terms you use. Be sure to answer all questions asked in the bid application and stick to the word limit.
4. Show evidence of need
Make sure you provide evidence of need for your project. This can be in the form of statistics, testimonials or case studies.
5. Budget
A well-prepared budget is an important part of your bid. Make sure your budget is realistic and fully justifies all costs. Make sure you show how your project will be sustainable in the long term.
6. Show your team's expertise
Funding organisations want to see that your team has the expertise and experience to carry out your project. Provide details of your team's qualifications and experience and show how they have relevant experience.
7. Show evidence of past success
If you have successfully delivered similar projects in the past, make sure you include this in your bid. Showing that you have a track record of delivering successful projects will increase the funding organisation's confidence in your ability to deliver the proposed project.
8. Proofread
Before submitting your bid make sure you proofread it thoroughly. Check for spelling and grammar errors and ensure that all information is accurate and up to date.
Bid writing can be a challenging task, but by following these tips you can increase your chances of securing funding.
Remember to understand the funding criteria, show how your project aligns with the funding organisation's mission, be clear and concise, provide evidence of need, budget, show your team's expertise, show evidence of past success and proofread your bid fully before submitting it.
For more help and advice on setting up and running a new charity or business, get in touch with She Inspires now.
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