Contrary to general belief, in the majority of cases the use of a consultant to make grant applications is really superfluous. Probably 80% of grants may be applied for comparatively quickly and easily and require no special knowledge on behalf of the applicant. However, there are some clear-cut exceptions and these tend to fall under the heading of large grants for capital purposes and research and development based grants.
It is increasingly the case that in addition to submitting the appropriate application forms and supporting documentation granting agencies require a full business plan. This is so that the project may be evaluated in the context of the overall business and the viability of the business itself verified.
Thus grants may cover anything between 10% to 75% of a project’s eligible costs, but it is a condition of application that the applicant show that they have available the balance of funding required.
In many cases post grant award administration is straightforward. However, in particular for those complex grants mentioned above the reporting procedures are strict and may be onerous for those not used to the various systems employed.