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BUSINESS FUNDING HINTS AND TIPS |
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> Hints and tips about business funding |
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Identify & Prioritize the Projects
Conduct relevant consultations to identify and prioritise your project
development goals
Identify projects for which funding is needed/desired.
`Flesh Out' the Projects
Develop a basic outline of each key project:
`Who, What, Where, When, Why, How & Whatever'......
Who
*Who is the project for?
*Who are the beneficiaries - are they a disadvantaged group?
What
*What is the project about?
*What are the project's `angles'
e.g. community benefit, tourism development, business development,
innovation/best practice, employment creation?......
Where
*Where will the project occur? (Shire, the town, the site, the office).
*Where will its impact extend to? (nationally, state, region, shire, local
area, office).
When
*When will it start?
*When will it finish?
*How long will it take?
Why
- Why is it needed? - What is the problem trying to be overcome, the benefit
trying to be
achieved?
- Why is it important in the context of the area? (e.g. economic dependency,
population
losses, insufficient employment opportunity, difficult socioeconomic
conditions).
How
- How much will it cost?
- How much funding is needed?
- How much cash and in-kind resources are available?.
- How will it be implemented and/or operated (e.g. steering committees,
management
structures)?
- Are there any special skills or resources needed?
Whatever
- Any other pertinent information needed?
- Anything that needs to be checked?
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