Principles of Fundraising II
The 10-Step approach
Successful fundraising requires plenty of planning. To help improve your grant-getting skills, LVSC have identified ten key steps in the process. These steps include:
Step 1: Outline the project idea
Step 2: Develop the detail
Step 3: Talk to people/initial funder research
Step 4: Research need
Step 5: Identify values and track record
Step 6: Identify resources
Step 7: Write a budget
Step 8: Identify funding
Step 9: Research funders in detail
Step 10: Complete the application
Please note that if your application is successful, you will need to add another step to the process and complete monitoring and evaluation reports for funders, your organisation or other key stakeholders.
It is also important to consider how much time will be needed to make an application. A good application can take 3 months from the initial idea to hearing the outcome. An application for large sums of money can take much longer.

