A proposal is a request for financial assistance to implement a project. It is recommended that entrepreneurs should aim for multiple sources of funding. If they have only one source of funding, they may become dependent upon that one source. A proposal must justify each item in the list of things entrepreneur wants so that a donor agency can decide if it wants to provide some or all of those things.
It is important to carefully formulate and design project. It is equally important to write a proposal which will attract the necessary funding. Proposal writing is a skill which requires some knowledge and practice.
Project proposal should be an honest "sales" document. It's job is to inform and to convince. It is not a place to preach, boast or to deceive. If convinced it is a good idea and should be supported. Project proposal should honestly report decision makers who weigh its merits against other donation commitments. It should clearly indicate how and when the project will end or become self supporting. Proposals should be neat and tidy, preferably typewritten and without any extraneous or unnecessary information.
Clear concise and simple language must be used which says exactly what is meant. If necessary diagrams or charts can be used to illustrate key points to avoid crowding the body of the proposal and the flow of the narrative.
Last modified: Wednesday, 8 February 2012, 6:45 AM
