A grant is an amount of money given by a government, business or philanthropic organisation for a specific purpose. Depending on the rules of the grant, you can ask for money to fund a project, event or activity. It’s not a loan – there’s nothing to pay back and no fees or interest to pay. But you will have to be show how the money has been used.
To receive a grant, you’ll need to complete a funding application (usually a form) to explain your proposal and the costs involved. Be aware that funding is usually given to organisations, not to individuals.
There are a number of different places you can search for grants, including:
In Victoria, different community grants are also available through:
There are a number of large businesses and corporations that offer their own grant programs.
You may find you have more success approaching family-owned or local businesses – they can make decisions themselves rather than having to go through a national office.
Depending on the business, you could ask them to provide equipment, gift vouchers or catering instead of asking for money. Or you could ask for sponsorship, where you acknowledge the business for their support, including in any promotion you do for your project, activity or event.
Grants aren’t the only way to raise money. You can do your own fundraising by asking people to sponsor you for taking part in activity or paying for entrance to an event. Internet crowdfunding is becoming a popular way to raise money for projects.
(* By featuring the organisations above, we're not recommending or endorsing them. Please read the Yerp disclaimer for more info).
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