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What are the best practices for developing proposals and applications for resource development funding?

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If you are a business developer, you know how important it is to secure funding for your projects and initiatives. Whether you are applying for grants, contracts, donations, or partnerships, you need to craft compelling proposals and applications that showcase your value proposition, impact, and sustainability. In this article, we will share some of the best practices for developing proposals and applications for resource development funding, based on our experience and expertise in the field.

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Farias Souza, BOARD

LinkedIn Top Voice | Chairman | Board of Directors | Advisory Board Member | CEO | President | Lifelong Learner |…
Asha Kanta Sharma

Manager - Finance & Accounts @ Opendoors Fintech | Financial Accounting
Frederico Prado

Delivering Strategic Value and Building Lasting Relationships

1 Know your funder

Before you start writing your proposal or application, you need to research your potential funder and understand their goals, priorities, criteria, and preferences. You want to align your project with their mission and vision, and demonstrate how you can help them achieve their desired outcomes. You also want to tailor your language and tone to suit their expectations and standards, and avoid any jargon or acronyms that they might not be familiar with. Finally, you want to follow their guidelines and instructions carefully, and submit your proposal or application in the format and deadline they specify.

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Farias Souza, BOARD

LinkedIn Top Voice | Chairman | Board of Directors | Advisory Board Member | CEO | President | Lifelong Learner | Investor & Entrepreneur | Growth & Innovation | Startup Curator | ESG Passionate
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"Know your funder as well as you know your project." - Bill Gates. Dive deep into your potential funder's world before drafting your proposal. Understand their mission, vision, and how your project aligns with their goals. Adapt your language, tone, and ditch the jargon to meet their standards. Follow their guidelines to the letter and submit within their deadlines. Let's make our proposals resonate. Ready to collaborate and share tips?

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Asha Kanta Sharma

Manager - Finance & Accounts @ Opendoors Fintech | Financial Accounting
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To develop successful proposals for resource development funding, follow these best practices: understand the funder's objectives and criteria, conduct a needs assessment and gap analysis, define clear objectives and outcomes, develop a strong project plan, demonstrate innovation and creativity, provide evidence-based justification, build a strong team, develop a realistic budget, write clearly and concisely, seek feedback, submit on time, and prepare for review and evaluation. These strategies will help communicate the project's value, feasibility, and impact to funders and reviewers.

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Frederico Prado

Delivering Strategic Value and Building Lasting Relationships
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n?o mude sua proposta de valor, seus valores, sua vis?o...n?o abra m?o de 1 milímitro apenas para agradar o financiador. Se vc realmente fizer o dever de casa e identificar que o alinhamento é muito maior do que as possíveis diferen?as, vá em frente!

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Abdullah Farzand

Helping IT Companies with Services and Resources | Business Development Specialist
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Firstly, thoroughly research potential funding sources to identify opportunities that align with your project goals and objectives. Tailor your proposals to the specific requirements and priorities of each funding opportunity, demonstrating a clear understanding of their criteria and expectations. Clearly articulate the problem or need your project addresses, outlining its significance and potential impact. Develop a compelling narrative that highlights the unique value proposition of your project and the benefits it offers to stakeholders and the broader community. Provide detailed and realistic budgets that align with the scope of work and demonstrate responsible financial management.

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2 Define your problem and solution

One of the most critical parts of your proposal or application is to clearly define the problem you are addressing and the solution you are offering. You need to show that you have a deep understanding of the context and the needs of your target audience, and that you have conducted a thorough analysis of the gaps and challenges that exist. You also need to present your solution as a logical, feasible, and innovative response to the problem, and highlight your unique value proposition and competitive advantage. You should also provide evidence and data to support your claims, and cite relevant sources and references.

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Frederico Prado

Delivering Strategic Value and Building Lasting Relationships
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Sem saber o problema e sua raízes é impossível tentar solucioná-lo. é preciso saber onde se está o Norte para se poder chegar. Elabora uma matriz com o grau de severidade (urgência x importancia) e priorize os importantes

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3 Outline your objectives and activities

Another essential component of your proposal or application is to outline your specific objectives and activities for your project. You need to state what you want to achieve, how you will measure your success, and what indicators and outcomes you will use to evaluate your impact. You should also describe what activities you will undertake to accomplish your objectives, how you will implement them, and who will be responsible for them. You should also provide a realistic timeline and budget for your project, and justify your costs and resources.

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4 Showcase your credentials and capacity

To convince your funder that you are the right partner for them, you need to showcase your credentials and capacity to deliver your project. You need to highlight your relevant experience and expertise in the field, and provide examples of your previous achievements and results. You should also demonstrate your organizational strength and stability, and show that you have the necessary skills, staff, systems, and infrastructure to manage your project effectively. You should also mention any partnerships or collaborations that you have established or plan to establish with other stakeholders, and how they will enhance your project.

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Frederico Prado

Delivering Strategic Value and Building Lasting Relationships
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Você n?o é quem diz ser, você é o que você já fez e pode comprovar. Para além das habilidades necessárias para a fun??o os soft skills devem ser evidenciados

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5 Engage your reader and stand out

Finally, you need to engage your reader and stand out from the crowd of other applicants. You need to use clear, concise, and persuasive language, and avoid any errors or inconsistencies. You need to structure your proposal or application in a logical and coherent way, and use headings, subheadings, bullets, tables, graphs, and charts to make it easy to read and understand. You should also use stories, testimonials, quotes, and images to illustrate your points and showcase your impact. You should also express your enthusiasm and passion for your project, and convey your confidence and commitment to your funder.

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Frederico Prado

Delivering Strategic Value and Building Lasting Relationships
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Para envolver o leitos o que se faz mais importante é a capacidade de pegar em fatos (dados) e se contar uma estória. O connect the dotz do tio Steve

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What are the best practices for developing proposals and applications for resource development funding?

1

2

3

4

5

6

1 Know your funder

2 Define your problem and solution

3 Outline your objectives and activities

4 Showcase your credentials and capacity

5 Engage your reader and stand out

6 Here’s what else to consider

Business Development

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What are the best practices for developing proposals and applications for resource development funding?

1

2

3

4

5

6

1 Know your funder

2 Define your problem and solution

3 Outline your objectives and activities

4 Showcase your credentials and capacity

5 Engage your reader and stand out

6 Here’s what else to consider

Business Development

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