Each federal subject has an organization that helps prepare a project for defense. Employees of the Entrepreneurship Support Fund will pre-assess your business or project and, based on their experience, advise on what changes should be made.
In addition, they can organize meetings with interested philippines phone number list investors or representatives of the executive branch. Be sure to take advantage of this opportunity. This way, you will be able to meet in advance the people who will make the decision on issuing a grant and expand the horizons of your ideas about business.
If you need more time to achieve the expected effect, the fund will refuse to issue a grant. Usually, a distinction is made between medium-term projects (up to 18 months) and long-term projects (up to three years).
Take training
You will be asked to do this by the Fund employees before accepting your application. They must be sure that you understand how to organize a business or launch a project. This is a mandatory requirement. An exception can only be made for graduates of economics departments of universities or business schools.
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Take training before writing a grant. Source: Shutterstock
Business training can be either in person or online. The duration depends on how much time per day you can devote to it: if a full school day, then, as a rule, no more than one week.
During the training, you will be taught how to analyze and predict the success of a business, create a business model, and will be given the basics of the financial activities of an organization.