What are the Requirements for Obtaining Grants and Funding?
Each grant and funding source comes with its own set of requirements and criteria. Generally, you will need a comprehensive business plan, a clear outline of how the funds will be used, and evidence of your business’s potential for success. For government and non-profit grants, aligning your business goals with the granting organization’s mission is crucial. Venture capitalists and angel investors will look for high-growth potential, a strong management team, and a scalable business model.