Seed grants are a great way to kickstart new projects or programs by providing initial capital. This early-stage funding allows NGOs to - Develop and refine their project ideas
- Test innovative ideas on a smaller scale before seeking larger investments
- Build credibility in the eyes of other potential funders
- Enhance an organization's capacity by providing resources
- Connect with other stakeholders, potential partners, or experts in the field.
- LeverageĀ larger funding opportunities
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Small grants usually have a shorter application and review process, leading to quicker access to funds, allowing NGOs to initiate their projects sooner and respond promptly to pressing social issues. Also, small grants are less competitive and tend to have a smaller pool of applicants. They encourage NGOs to think creatively and develop innovative solutions to social problems.Ā
Receiving a seed grant can attract further investment and act as a catalyst for additional funding. This Ebook provides information on current open seed grant opportunities for NGOs and individuals. |
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