dimanche 28 janvier 2018

A Guide For Writing A Project Funding Europe Proposal

By Andrew Jackson


Companies that have projects in other regions and they cannot fund them by themselves encounter difficulties in soliciting for funds from the foreign countries. They are forced to drop their winning bid which could have made them realize significant profits. However, this situation can be mitigated by writing project proposals to financial institutions within the project location where repayment formula can be arrived at. Below is a guide for writing project funding Europe proposal.

The project that you intend to invest on will be the main determinant of the financing required. Companies issuing the contracts will also play a major role in ensuring that the banks give you the much sought financial assistance. Find a consultant to help you write the proposal or use this guideline to come up with an accurate and convincing proposal document that will be presented to the financing organizations.

Start by introducing your organization and the project at hand. These details include the registration number of your company, the date it was formed, its main offices, the goal, vision, and the nature of the project that you have at hand. This information will help the donor understand who you are and for how long you have been in business. With many years of experience in the business, the donors will not have fear of not trusting you.

The next item should be about the problem statement. Discuss the environment surrounding the venture, its challenges and what you expect to get once it is completed. Go deep into your financial details giving reasons why you cannot kickoff the venture with financial aid. The reason must be convincing or less you end up lacking the financial support.

Prepare a budget that includes all the expenses. Mention one item after another stating their costs. The costs should be equivalent to what the markets are offering because a small exaggeration can make your proposal be invalidated. After making a breakdown of the budget, do not forget to mention what your company can afford and parts that need the assistance. As such, the financiers will know what they are dealing with and will make informed decision on whether to support you or not.

Attach your registration documents, financial records and your company structure. This will give the donors a chance to have a proof of what you really are and how you manage your finances. No bank would give a loan to a company that has no saving s or has credit reference issues. These documents will be enough to convince the panel of your qualification for that venture financing.

In the proposal, do not forget to discuss through writing how you think of paying the debt. To avoid contradictions and other misunderstandings, let the project payment be paid to the account that has been credited by the bank. As such, the institutions will not have to follow you up demanding for the payment because everything coming from the project will go through them.

If you have never written proposals before, it is wise you hire the services of local consultants. The experts help you write a reasonable proposal that cannot be thrown out from the first glance. Moreover, they assist you in drafting a repayment plan which cannot be disputed.




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