Start your funding proposal with an elevator pitch

May 17, 2010

Over the last couple of years and from time to time the JISC have asked me to mark grant funding proposals. If you’re asked, and you have the time, I’d recommend it – it’s been the single most useful thing I’ve done in trying to understand the JISC + community mindset, and in improving my own bid writing.

Last week I was marking bids and getting quite frustrated – some bids can be evaluated pretty well on a single read through and then another pass to collect the facts, while others take several read-throughs, and still the bits don’t seem to hang together. By and large, the former scored well and got a positive recommendation for funding. The latter didn’t. I doubt my scores and recommendations will be very different to others’.  By the end of the batch of bids I realised that the really important differentiator wasn’t in following a particular structure, GANTT charts or well structured risk assessments (although those things are good to have, and hopefully evince the planning that has gone in to the proposal).

The better bids described what the project was going to do, and why, early on.

As a marker, once you understand what the project is about, you have a mental framework around which to add all the rest of the proposal’s impacts, plans and costs. Even if you don’t agree with the project methodology you can assess whether it’s useful. Most importantly in this day and age: if you don’t know what the project is doing, you can’t judge the likely impact, and if you can’t judge the impact, you can’t judge the value for money.

So here’s some advice for bid writers as a parting shot: your front page abstract (or first para) should be like an elevator pitch. Describe, very clearly and briefly, what your project is going to do, and why it’s a good idea.

P.S. I’ve been as guilty as anyone of getting this wrong, and I’ve written some poor funding proposals. If I were still going to be around, I’d be taking my own advice!

2 Responses to “Start your funding proposal with an elevator pitch”

  1. Jim Horth Says:

    Too right – and I think this is much principle more widely applicable.

    All too often, I run into expert individuals who are unable to effectively present a summary and appropriate rationale to an external party. This happens at interviews, meetings, presentations, pitches.

    I think it takes real discipline to avoid dwelling on the bit you’re passionate about in favour of what outsiders need to know. The reasons you are personally invested are rarely the same as those your investor would require. “I see that’s why you care, but why should I care?”

  2. Jim and Jim yes, you are both right.

    As a communications specialist, I see many clients so in love with their ‘thing’ they forget the world may not share that passion and investors have not been immersed in it as they have. That’s shorthand for:
    1. Don’t assume your audience understands concepts that are simple and familiar to you.

    2. Explain it in their terms not yours (using your own impregnable acronyms is plain rude).

    3. Ask, as well as your elevator speech, do you have a killer ending question? If you end your pitch on a flat note they have nothing to say. Asking something as simple as “what do you think” can get the conversation started, and once they start to tell you what they think, you can assuage their concerns and boost their enthusiasms. Doing that in writing is of course tougher, but possible.

    A few more tips on business communications on my blog


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: