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Voice of Business Blog

Tips for Businesses Seeking Grants & Funding

April 18, 2023

Grants, incentives, and funding opportunities can provide businesses with access to capital, a competitive advantage, sustainability, contribute to economic development, and drive innovation. If you're an organization seeking grants and other funding opportunities, here are some helpful tips that can help you increase your chances of success!

Research funding opportunities:
Take the time to research funding opportunities that are relevant to your business. Look for grants and funding programs that align with your business goals, industry, and location. This will help you focus your efforts and increase your chances of success. Check out our Grants, Funding, & Incentives page for a comprehensive list!


Follow instructions: Make sure you read and follow the instructions for each funding opportunity carefully. Different grants and funding programs may have different requirements, so pay close attention to the eligibility criteria, application process, and deadlines.


Develop a strong application: Your application should be clear, concise, and compelling. It should highlight your business's strengths, explain how the funding will be used, and demonstrate why your business is a good fit for the funding opportunity. Make sure you tailor your application to each specific grant or funding program.


Build relationships: Building relationships with potential funders and partners can be a valuable way to increase your chances of success. Attend networking events, reach out to industry associations, and connect with other businesses in your area to build your network.


Seek feedback: If you receive feedback on your application, take it seriously and use it to improve your future applications. Feedback can help you identify areas for improvement and increase your chances of success in future funding opportunities.


Be patient: The funding application process can be time-consuming and competitive. It may take several attempts to secure funding, so be patient and persistent. Keep working to improve your business, build relationships, and refine your applications, and eventually, you may be successful in securing the funding you need to grow and thrive.


Visit the Greater Rochester Chamber Grants, Incentives, and Funding page to explore opportunities for your business or organization!


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