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Recall that the term “grant” (English grant – a gift, subsidy, subsidy) is understood as a grant in monetary or other forms, which is provided by citizens and legal entities (in particular, foreign) to an enterprise, organization, institution, initiative group or private person for the implementation of the declared project in a particular area of activity. As a rule, grants are awarded on a competitive basis and on terms determined by the grantor.

Grant funds or property are provided free of charge and without return to the grantor. Thanks to grants, support is provided to non-profit projects that are important to the community or a particular territorial community, organization or institution.

So, an activity that does not receive sufficient budget funding can also be supported by grants. In other words, grant financing can help to solve a lot of important issues of the development of territories, educational, medical and sports and recreational institutions, which usually lack funds in local budgets. Attracting additional resources is a painstaking task, and to receive grant funds you will have to take a number of actions to find a grantor who will allocate funds specifically for the needs of your organization or institution.

The first step should be to identify the problem (need), justify its relevance and the need for an urgent solution, develop a project and determine its budget. That is, an organization, an institution that wants to receive additional funds in the form of grant aid, must clearly determine why, in order to achieve what goal or solve what problem they are needed. Next, you need to formulate specific needs (money, premises, property or services).

The next step should be the search for grant competitions, the purpose and tasks of which coincide with the purpose and task of your project. As practice shows, it is better to start a search activity among the grant competitions that are not very large in terms of funding. An approximate range of grants may be as follows:

-regional or local grant programs;

-grants from embassies;

-grant programs within the European Union;

-special programs of “small grants”.

So, to take part in a grant program, you need to find open grant competitions that correspond directly to the activities of your organization (institution). To do this, you need to carefully monitor special sites that summarize and update grant competitions in which you can participate, or go to the official sites of specific grantors. It contains all the necessary information regarding the conditions of participation, the amount of the grant, the deadline for the submission of applications, application forms for receiving a grant, etc. You need to carefully study the features of grant competitions, paying particular attention to the following characteristics:

-type of grant recipients (self-government bodies, public associations, institutions of health care, education, social protection, mass media, initiative groups, etc.);

-grant amount and amount of own contribution (if expected);

-activities that are funded;

-geography of the competition (the grant may be intended for certain regions of country);

-the priorities of the competition (the directions of the provision of assistance are specified in the priorities of specific competitions);

-deadlines for submitting applications and summarizing the results of the competition

-the term of the project.

Post Author: Jenna Oneil

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