vendredi 15 janvier 2016

Tips To Help You Get International Project Funding

By Joshua Russell


If you would like to start a particular project and you think that it will need more money than you can afford to invest into it, do not give up hope. You can still go ahead and start your project and then look for various ways to raise funds to sustain it. One of the best ways to do this is through securing international project funding. Here are some advices that you can use to increase the chances of getting the funds that you need.

Work out how much money you need to invest into your venture. Knowing the exact figures required will make it easier for you to strategize on how to solicit for funds. It will make it easier for you to figure out which platforms to use and which potential donors to approach. If you need to raise a lot of money, then be prepared to approach more than one donor.

Spread the word about your fund raising efforts. The more people who know about your mission, the higher the chances that you will find people who are willing to contribute towards it. Come up with a list of people to reach out to. The more influential the people, the more buzz you can create about your mission. Do your homework on who the right people to contact are and it will pay off in the end.

Be prepared to work hard. Raising money can be equated to working on a full time job. This is especially if you intend to raise a huge amount of money. Spend at least a couple of hours every day on working towards getting the money that you need. It will also be advisable for you to get help from other people, so that you do not get overwhelmed by running the whole campaign on your own.

Have all the correct facts and figures that are necessary towards achieving your goals. You should be able to communicate all this information clearly to your supporters. This will help them understand how far you have gone with your idea and where you need help. It also helps financiers to gauge whether your ideas are sustainable and will have a good return on investment.

To enhance your chances of getting funding from a particular investor, make sure that you meet their requirements. This will require that you take time to find out what their requirements are before you even approach them. Customize your proposal when approaching different investors, to meet the different things that each donor is interested in.

One of the best ways to communicate your vision and mission is through the use of stories. Tell stories that your audience can connect to and they will be willing to give you money. Show your zeal for the venture that you are about to start through your stories.

Before expecting other people to contribute towards your venture, you should first contribute towards it. Invest into your own project. The best way to increase chances of people contributing financially towards your venture is by starting the project and then asking other people to join in to make it bigger.




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