In today’s economic climate, organizations are finding the search for ways to finance needed projects and programs increasingly difficult.  Traditional revenue sources, whether taxes, user fees or charitable contributions, have diminished as everyone reacts to the economy.  Grant-seekers have found that the competition for funding is stiffer and the amounts available are generally far less than in past years.

Keeping these facts in mind, you can design an approach to grants research that will make the process manageable and afford a better chance for a positive return on the time you spend in the research phase.  Follow these suggestions to a better Focus on Funding:

  • Compile of list of projects and programs in need of funding.  This list should be divided into those that are ready to implement and those that are desired but not yet fleshed out.  Feel free to put in “wish list” items, but consider that the chance of funding these will hinge on whether they can be matched to a program and how quickly they can be implemented.
  • Explore grants that your organization already accesses, such as the Community Development Block Grant (CDBG) or the Justice Assistance Grant (JAG) programs.  Do not forget state and local grant programs that may exist.  Funding for many such programs has been reduced or eliminated in the face of the economic downturn, but these types of programs are usually well-established and have familiar and predictable application processes.
  • Explore websites maintained by your state and federal representatives, as well as those maintained by organizations such as the National League of Cities and your state League of Cities.  These often have links and information to Recovery Act programs as well as ongoing programs that are available to local governments, educational institutions and in some cases, businesses.
  • Stay focused!  Resist the urge to explore the entire array of programs, at least until you have compiled a list of funding programs that have real potential.  You can quickly become lost in the forest of non-relevant funding opportunities!

And remember-by being on our e-mail list, you can take advantage of our regular updates on grant programs – a service that will greatly reduce the time you need to spend on the research phase.

Contact us today to learn how Public Management & Funding Services can help!