Automating the Grant Preparation Process - Grantible
Updated: Dec 20, 2022
Introduction
As a nonprofit, securing funding to keep your organization running can be difficult. Grant writing is time consuming and often requires many iterations before you get the funding that you need. This is why I created Grantible - an AI-based software for automating and managing the grant application process.
Grantible is an intuitive grant management software designed to streamline processes and improve the quality of your funding request submissions, ultimately helping you win more frequently.
What is a grant?
A grant is an award given by a government agency or private institution to an individual, organization or company for a specific purpose. Grants are typically awarded for research, education and training. Grants can be given out in a variety of ways; some are paid out all at once, but many are paid out in installments over time.
Current challenges with writing grants.
There are SO any challenges to writing grants.
The current process is time-consuming. A grant writer must take on a research project to find potential funding sources and learn about the organizations that provide grants. They then must create an application package, including a cover letter and attachments like budgets, workplans, etc. Once an organization has reviewed the application packet and made their decision on whether or not they will award you funds, you're likely to need another round of revisions before submitting it for final approval. All told, this can take anywhere from two weeks to several months depending on how much research is required and how many rounds of feedback there are from reviewers at different stages in the process—and even if everything goes smoothly!
The process isn't standardized or consistent across organizations or between applicants either: no matter who you talk with at a foundation that gives out funds for education projects in Africa (for example), each person will have some slight variation on what he/she expects from applicants -- whether it's length restrictions on proposals vs length limits on budgets vs something else entirely... And when it comes down to it (as mentioned above), most people aren't professional writers by trade so they just don't know what makes one successful application stand out over another one written by someone else who hasn't had any formal training whatsoever yet still manages.
An AI approach to automating grants
Automating the grant preparation process can help you achieve your goals while saving time and effort.
AI helps you write grants. Automation is not just a tool to help with repetitive tasks, it can also be used to create new content and improve existing documents. AI technology is increasingly being used in this way to aid in the creation of grant applications, research papers and more. Through machine learning algorithms that analyze documents for key phrases and important concepts, AIs can learn what makes a good document better over time as they are fed more data from users who use their systems. The end result is that highly customized content will be created based on what an individual program wants out of its applicants – no need to spend hours searching through websites looking for relevant information!
A sample application
As a nonprofit organization, you are responsible for writing a grant proposal. Your application should include all of the following sections:
A description of the problem and its impact on your community. This can also be called an overview or executive summary, which is typically one page long. It should summarize how many people in this community will be affected by this problem, whether it’s local or national; how many people are currently experiencing this problem; what outcomes they want to achieve through receiving your funding (for example, reducing homelessness); and why your organization would benefit from funding compared to other organizations that could receive support from others (for example, if there were another organization in your area doing similar work).
A solution section that explains how you plan to solve the issue at hand — specifically what actions you will take in order to improve things for yourself and others around you who share similar circumstances as yours (for example: if someone needs heat during winter months). This section may also describe any other organizations that have offered assistance but weren’t able provide enough help towards solving their problems so far — because this could give donors some insight into why their help is needed now more than ever before!
A budget breakdown outlining exactly where money will go when used within different areas such as administration costs vs program expenses per month down over three years until completion date - including projected income sources like grants awarded plus fundraising efforts such as direct mailings using donors' names/addresses sent out every year during tax season between April 15th-June 30th plus annual gala fundraiser held each October where tickets cost $250 per person plus $50 donation toward event venue cost = total amount raised annually at last count $1 million dollars total revenues generated including ticket sales\endash\endash\endash\endash\endash = estimated percentage increase over previous year's returns due solely attributable solely due increased demand thanks 2 huge success stories told publicly everywhere else now!!
Addressing reviewer bias through AI.
In the grant writing process, reviewers are tasked with a difficult job: evaluating applicants and recommending projects to fund. Reviewers will often have their own biases that may lead them to favor certain types of organizations or programs over others. As a result, it’s important for organizations who apply for grants to ensure that their applications are being evaluated fairly and based on merit, not reviewer bias.
AI can help address this issue by identifying reviewer bias in the grant application review process without affecting the quality of the reviews themselves. By using AI-powered tools such as Proximate Labs’ AI Grant Application Reviewer Bias Detection tool, organizations can identify areas where they may be vulnerable to unfair evaluation practices, allowing them to self-correct before submitting an application and potentially missing out on funding opportunities down the line.
Benefits for nonprofits in using AI for writing grants.
As a nonprofit, you should be aware of the benefits of using AI in your grant writing process.
Reduce the time spent on grant writing.
Increase the chance of getting a grant.
Increase the chance of getting a larger grant.
Increase the chance of getting a grant with a higher success rate (the chances that they will actually receive funding).
Here's why: Artificial intelligence (AI) has been shown to be able to significantly improve your odds when it comes to winning proposals and increasing budgets for projects, particularly when compared side-by-side with traditional methods used by nonprofits today such as spreadsheets and paper applications -- both of which require lots more human input and time invested per application submitted!
Talk to us about how we can help you get more funding!
If you’re a nonprofit, then you know how important it is to receive funding to keep your organization running. Grantible is a software that helps nonprofits get keep better track of funding by automating the grant preparation process, which frees up your time so that you can focus on other important aspects of running your organization.
We also offer a free 7 day trial so that you can try our software before committing.
We're committed to helping nonprofits succeed; we are proud supporters of many different organizations across the country and around the world.
Conclusion
The grant writing process can be a lot of work, and it’s easy to lose track of all the different things that need to be done. But with Grantible Grant Management Software, we can help you stay on top of your grant applications so that you can focus on what matters most—serving your community.
We’re always happy to chat about how our technology could help you streamline this process so that you can get more funding for your organization!
For more information about putting this information to work at your organization contact Bryan at (203) 954-5121 or bryan@tangibleconsult.com.
While you wait for us to issue your Grantible license sign up for your free trial Zoho Creator account to be granted full access and functionality to the Grantible Grant Management Software