The Grant Lifecycle: Stages

THE GRANT LIFECYCLE: STAGES - A CONCISE GUIDE

The grant lifecycle guides the process of securing funding, from initial idea to project completion.

Stages of the Grant Lifecycle

1.        Problem Identification: Define the problem and desired outcome by asking: "What are you trying to solve?" and "What will it accomplish when resolved?"

2.        Funding Options: Identify the funding source that aligns with your project.

3.        Proposal Preparation: Develop a strong proposal including:

• Interesting narrative

• Strong background supported by data and research

• Clear objectives

• Clearly identified outcomes

• Specific methods

• Realistic budget

• Realistic funding chart

• Peer review

• Identified milestones

4.        Submission and Decision: Submit the proposal and await the funding organization’s decision.

5.        Revision: If applicable, revise the proposal based on feedback.

6.        Funding and Implementation: Receive funding and carry out the project.

7.        Results and Communication: Achieve project goals and report on results.  

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This streamlined process facilitates effective grant acquisition and management.

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