Ten Reasons Why Funding Applications Succeed or Fail
This article provides a list of ten common reasons why funding applications succeed, and ten reasons why application often fail. Hint; success is the reverse of failure and vice versa.
Ten Reasons Why Applications Succeed
- The organisation makes an application.
- The need for the project is strongly proven and the applicant convinces the funder that it is the best placed organisation to take on the challenge.
- The applicant chooses the most appropriate funders to approach.
- The applicant researches the funder intensively before an application is lodged.
- The application is received by the deadline - fully completed with up-to-date annual report and accounts, governing documents, bank account details and all other relevant enclosures.
- The applicant has an amiable working relationship with the funder during the application process.
- The application stands out against other applications and the funder can see what it is getting for its investment.
- The budget is accurately costed, sources of match funding are in place and the applicant asks for a realistic amount from the funder.
- The applicant has good governance, management, administration and financial procedures in place.
- The applicant has a good track record of delivering funded projects.
Ten Reasons Why Applications Fail
- The applicant is not eligible because of its legal form, lack of charity status, size or geographical remit.
- Projects are poorly planned.
- Applicants do not present their project clearly and concisely on the application form.
- The applicant fails to demonstrate that they meet the criteria.
- Applications are made without monitoring and evaluation processes in place.
- The budget is problematic and/or unconvincing financial management procedures.
- The applicant misses the deadline.
- The form is incomplete or illegible.
- The supporting documents are incomplete, inaccurate, out-of-date, contradict the application form or are simply not enclosed.
- The applicant is asking for too much.