Winning the grant writing contest is exhilarating. All the time and effort put into creating a strategic plan, collaborating, and finally writing and submitting the application has finally paid off.
Now what? When you are given grant money whether by a foundation, business, or government agency, you’re obligated to spend the money wisely.
In fact, there’s a valuable lesson in securing grant money.
With grant money, you are obligated to:
Deliver your service within your specified time period
Maintain high standards when delivering your service
Evaluate, track, and report progress
Spend the money in the manner is which you specified
Ask for budget modifications beforehand
Collaborate with integrity
Winning grant money is only the beginning.
Putting so much time and effort into the proposal can cause neglect in the actual implementation. Once you’ve secured the funding, you have to switch gears.
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