What is Included in a Business Grant Proposal?

Business grants are sums of money given by a foundation, government body, or other entity to help businesses get started or grow their operations. Grants are typically desirable because they don’t have the same conditions as other funding types. Specifically, grants do not need to be paid back like loans do, and business owners do not need to give up equity in exchange for the grant. Key takeaway: Grants are a highly-desirable source of funding for businesses, as they provide funds without needing to pay them back or give up equity in exchange for the funds. Business grant proposals are typically comprised of: Cover letter: This document is the first impression the grant reviewer will have of your application. It should contain a summary of your proposal and why you…
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