Grant Secrets for Canada
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Another article, A Good Grant Proposal Tells a Story, describes the benefits of creating an interesting narrative in your grant proposal. Briefly, you get a grant more easily if your proposal tells a story. Most of us are not born storytellers, so we need to learn the elements of a good story, the order to present them, the purpose of each, and how to convey them all in the most effective way.
This website provides you with plenty of information about how you can receive government grants for yourself or your organization. But here, we’re going to take a quick look at how you can provide for others and benefit yourself. You can donate cash, services, or useful items to charities that benefit communities, men, women, children, or animals.
It might seem as though grant proposals are pretty cut-and-dried, without much latitude for how you express your ideas. This may seem especially true in the case of government grants, which have pretty definite and no-nonsense guidelines. I’ve written in more than one previous article that it’s important and necessary to adhere to the guidelines, or else risk disqualification.
Post-secondary education can be one of the largest expenses we will face in our lives, second only to buying a house. Fortunately, we do not necessarily need to pay the entire amount out of pocket. You may be able to get free money for tuition, and sometimes also books, supplies, and living expenses. Governments, both federal and state/provincial, are potential sources of funding.
One of the key parts of a grant proposal is its budget. Some of my students have a little trouble knowing where to begin with it and knowing whether they have done it correctly. I have some ideas for you to make the process a little less intimidating.
First, here are some general rules. Be sure that your budget is:
Do you wonder how startups start building their customer bases? Even companies that are well-known today struggled to gain traction, and some employed clever ideas to build momentum.
You may be able to use some of these ideas for your own (for-now) small business.
There may come a time in your life when you find that it’s necessary or desirable to train for a second career, so it’s good to know that there are often government grants that will help you learn a new trade. In past times, workers typically stayed in their chosen career from the time after school, until retirement. In our changing economy, though, that’s becoming less common.
You’ve probably heard the old adage “Work Smarter, Not Harder.” This idea also applies to seeking governments grants. It’s entirely possible to work diligently, but have no success. Here are a few of the ways all your hard work can be wasted.
First are you applying to the right funder? Funding organizations are usually clear about what their funding priorities are, but even when they’re not, there are ways to find out. Why waste your time applying to a funder that will not fund your type of project?
One form of business funding is a guaranteed loan. Some people may misunderstand what the word “guaranteed” means in this context, though. It does not mean that there is a guarantee that the loan will be made, no matter what. What the word “guarantee” means here is that the loan is backed by government funding so that the lending institution will be fully or partially reimbursed if the loan is not repaid.
Finishing grad school, buying that first home, and deciding to have children. They’re not the only life goals some Canadians put off. Add the words “saving for retirement” to the list.
The key to receiving grant funding is the grant proposal. The grant proposal is the way that you tell the grant funder who you are, show that you’re worthy of grant funding, and describe how you plan to carry out the activities required to get the grant funding. Grant proposal is a catch-all term, but there actually are several types of proposals.
ADP Canada announced that its popular Small Business Grant contest has returned for a third year, with six $10,000 grants available to small businesses in Canada. The contest has been extended this year to companies with up to 99 employees, and winning companies will also receive up to $3,500 in waived payroll services for one year.
Ahead of the election earlier this month, Trudeau fleshed out these plans, which centred on increasing Canada Student Grants (state-funded bursaries for tertiary study) by 50 per cent to C$3,000 (£1,500) a year. Announcing the policy at Wilfrid Laurier University, he said that graduates would start repayment once they are earning at least C$25,000 a year. According to Statistics Canada, on average undergraduate students paid C$5,959 in tuition fees in 2014-15, so the grant would cover roughly half of the fees.
One of the popular uses of government funding is acquiring real estate. Many of my students have used government funding programs to buy their first home or upgrade their existing residence. Others still are real estate investors, either with some experience or just getting started. No matter whether you’re a novice or a seasoned investor, there are four basic principles of real estate that you can put to work to catapult your success
Often, you’ll hear it said that a grant is a gift. I’ve phrased it that way myself. It’s a convenient, shorthand way to differentiate them from loans, to put the emphasis on the fact that they do not have to be repaid.
But in other, important ways, grants are different from gifts, as we like to think of the term.
I get a lot of questions about government grant proposals, and I’ve reviewed a fair number of them. I’ve seen some instances where people want to make a grand political statement as part of their government grant request or making the basis of their funding request kind of a pushback against some public policy that they don’t agree with.
If you’re involved with a non-profit or charity, then you should be aware of Google Grants, an in-kind grant worth up to $10,000 USD monthly. An in-kind grant is a good or service that is donated, that you would otherwise have to pay money to get. Although it is not cash, it is still a free grant of something that is valuable to your organization.