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    Budget Proposal

    Uploaded by

    Heni Zbloody Ebah
    This document provides a template for requesting funding for a new project or venture. It includes sections for describing the project, timeline, costs, and conclusion. The about the project section should convince the funder of the project's importance by focusing on its outcomes and goals. The timeline section shows the anticipated start and end dates, which can be displayed graphically. The cost information section describes and justifies the budget needs through a table with cost elements and descriptions. It concludes by summarizing the total funding amount requested.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Budget Proposal

    Uploaded by

    Heni Zbloody Ebah
    27 views2 pages
    This document provides a template for requesting funding for a new project or venture. It includes sections for describing the project, timeline, costs, and conclusion. The about the project section should convince the funder of the project's importance by focusing on its outcomes and goals. The timeline section shows the anticipated start and end dates, which can be displayed graphically. The cost information section describes and justifies the budget needs through a table with cost elements and descriptions. It concludes by summarizing the total funding amount requested.

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    This document provides a template for requesting funding for a new project or venture. It includes sections for describing the project, timeline, costs, and conclusion. The about the project section should convince the funder of the project's importance by focusing on its outcomes and goals. The timeline section shows the anticipated start and end dates, which can be displayed graphically. The cost information section describes and justifies the budget needs through a table with cost elements and descriptions. It concludes by summarizing the total funding amount requested.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views2 pages

    Budget Proposal

    Uploaded by

    Heni Zbloody Ebah
    This document provides a template for requesting funding for a new project or venture. It includes sections for describing the project, timeline, costs, and conclusion. The about the project section should convince the funder of the project's importance by focusing on its outcomes and goals. The timeline section shows the anticipated start and end dates, which can be displayed graphically. The cost information section describes and justifies the budget needs through a table with cost elements and descriptions. It concludes by summarizing the total funding amount requested.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Budget Proposal Template

    One of the essential steps in launching a new project or venture is requesting a budget to cover the
    associated costs. Whether you need to ask for internal or external resources, you can use this template to
    develop a proposal to request funding for your project idea.
    HubSpot Tip: Get to know the organization from which you are requesting funding. What do they
    think is important information? Adapt this template to meet the specific data your funder requires.

    About the Project


    This section is your chance to convince the funder that your project deserves sponsorship. Describe the
    nature of the project and why it is important.
    Tell the funder about the people and/or organizations the project would impact. Who are the key players
    in the project activities? Who will feel the results of its successful implementation?
    Focus on the outcomes of the project. What will funding this project improve in the organization, the
    community, or the world? What are the goals of the project?
    HubSpot Tip: If appropriate for your industry, you might consider including an evaluation plan to
    indicate how you will measure the success of the project and whether it meets your stated goals.

    Timeline
    Indicate the period of performance for the project. When do you anticipate starting and by when do you
    think the project will be completed?
    Consider showing the project timeline graphically, like in the schedule diagram below. If your project
    timeline is complicated, you might consider separating it into phases.

    Phase 1 Phase 2 Phase 3


    January 1 - March 31, April 1 - June 30, July 1 - September 30,
    [Year] [Year] [Year]

    HubSpot Tip: While you might expect funders to prefer an aggressive project timeline, they are more
    likely to react favorably to a schedule with reasonable deadlines. Be sure to account for and document
    potential risks and schedule slips to show you have thought critically and deeply about your project.

    Cost Information
    Describe your costs to tell the reader how you will use the requested funding. The costs will vary
    depending on the type of project you are pursuing. Some common cost types include: direct labor,
    equipment, materials, travel, subscriptions, and facilities.
    Use a table like the one below to organize and present your costs.

    1
    Estimated
    Cost Elements Description
    Yearly Cost
    Direct Labor 10 hours at $100 per hour $10,000.00
    Equipment 10 machines at $100 each $10,000.00
    Travel 10 three-day trips at $1000 each $100,000.00
    Facilities 1 office space at $1000/month $12,000.00
    Total $132,000.00

    HubSpot Tip: You may need to justify your costs with background materials, such as lease
    agreements for office space, quotes for services or products, or resumes for the staff you plan to hire.
    Reference these materials in your description of the costs in this section, and then include them in an
    Appendix at the end of the document.

    Cost Summary
    After providing all of the details in the previous section, you should summarize all of the costs to make
    the big “ask” to your funder. Clearly present the total amount of funding requested.
    HubSpot Tip: If your costs are ongoing, consider presenting them on an annual basis, to align with the
    company’s financial calendar.

    Conclusion
    Use this section as a call to action from your funder. In a couple of sentences, describe the next steps and
    summarize the potential impact of your project and the need for the funding. Be persuasive and as clear as
    possible.
    HubSpot Tip: Provide your contact information (e.g., name, email address, and phone number) in case
    the reviewers have any questions about your proposal.

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