What You Need to Know about the Business Grant Portal

The business grant portal is a website authorized by the Government where multiple business grants are managed in one place. With the help of this website, you can find, analyze, and apply for the grant that suits your business needs. The business grant portal was introduced in 2017 and is managed under the provision of the Finance and the Trade ministries.

What does the business grant portal focus on?

Below, we have mentioned the important objectives of the BGP as stated by the official authorities.

• To help entrepreneurs find suitable grant agencies and apply for relevant grants effectively.
• To facilitate the businesses and entrepreneurs with simplified grant applications and convenient approval.
• Gathering centralized business information and reducing grant application timelines.

How to apply for the business grant portal grant?

To apply for a grant from the business grant portal, you just need to follow the simple steps and procedures mentioned below.

• Log into the business grant portal with the help of a special Corp Pass
• Enter your complete profile in the required field
• Find a relevant business grant and file your application
• After submitting the proposal for the grant, follow the simple procedures required and get updates via the portal.

Once your grant is approved, you can accept the grant offered.

Best tips to increase your chances of securing a start-up grant

We also admit that getting your name at the top of the grant approval list is not easy, but it’s also not impossible. If you have that temperament and focus, you can secure the success of your business proposal. We have provided you with some tips below that can help you reduce your grant application mistake as much as possible.

• Send a winning pitch

Government grant agencies are always in search of robust applications. To get that, you need to send a winning pitch that conveys all your key objectives clearly. State a practical plan of action and provide realistic budget projections. Provide them with your goals both in the short term and long term.

• Direct the funds to the defined purpose

It is very important to make the grant agencies realize that you are using the funds for the defined purpose. Once your grant is approved, direct the funds to the defined purpose as mentioned in your proposal. It not only improves your credibility but also increases your chances of getting your grant proposal accepted in future.