Funder Selection
Funder Selection is the process of identifying and choosing appropriate funding sources for your projects or programs. This involves researching potential funders, understanding their priorities, and aligning your proposal with their funding criteria to maximize your chances of securing financial support.
It is crucial that the funder selection process aligns with your project’s goals, target outcomes, and funding requirements to ensure a good match between your needs and the funder’s interests. Funder selection is distinct from other types of services like grant writing in that selecting a funder requires matchmaking between the writing parties and potential funding sources. Authors must identify the type of funding they need, which funders align with their interests, and the appropriate strategies to approach and engage with the funders.
Questions to consider in the funder selection phase include:
- What are the specific goals and objectives of your project?
- What types of funders typically support projects similar to yours?
- What are the funding priorities and criteria of potential funders?
- How well does your project align with the funder’s mission and interests?
- What are the deadlines and application requirements for the potential funders?
- What is the funding amount you need, and does it match the typical grant sizes offered by potential funders?
- How can you demonstrate the impact and sustainability of your project to potential funders?
Within each of the planning links below, we provide a definitions, how we can help you, and articles and whitepapers that will help you on your journey.