Grant funding strategies for economic and workforce development programs
This presentation is the property of its rightful owner.
Sponsored Links
1 / 11

Grant Funding Strategies for Economic and Workforce Development Programs PowerPoint PPT Presentation


  • 66 Views
  • Uploaded on
  • Presentation posted in: General

Grant Funding Strategies for Economic and Workforce Development Programs. with Dan Fey Workforce Development Council of Seattle-King County. Some Assumptions and Context. Goal: Economic vitality and economic prosperity for all residents

Download Presentation

Grant Funding Strategies for Economic and Workforce Development Programs

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Grant funding strategies for economic and workforce development programs

Grant Funding Strategies for Economic and Workforce Development Programs

withDan Fey Workforce Development Council of Seattle-King County


Some assumptions and context

Some Assumptions and Context

  • Goal: Economic vitality and economic prosperity for all residents

  • Economic Development and Workforce Development are critical partners to achieve this goal

  • Not all regions are the same

  • Applies to public, private, corporate funding


Barriers in grant fund development

Barriers in Grant/Fund Development

  • It’s not easy being an intermediary

  • Misperceptions and misunderstandings

  • Tendency to be reactive, not proactive in development

  • Unexamined and under-developed partnerships

  • Types of funding, expectations, funding shelf-life

  • Creating a “bubble” for development work


Opportunities in grant fund development

Opportunities in Grant/Fund Development

  • Increased industry voice and direction

  • Alignment of resources and agency talents and networks

  • Chance to behave in “realer” time (e.g. Health IT)

  • Opportunity to align industry demand with WF supply and credentials

  • Opportunity for a more competitive regional economy


Partnerships

Partnerships

  • Specific Employers

  • Associate Development Organizations

  • Industry Associations

  • Community Based Organizations

  • City/County Government and Economic Development

  • Organized Labor


How to

How To

  • Structural:

    • Identify sources of potential funding support throughout organization

    • Hold development conversation year round, regardless of budget

    • Develop grant tracking and workup structure

    • Compose needs/desires/designs regardless of funding source or current availability

    • Implement a structure that works best for you (inside, outside, combo)


How to1

How To

  • Behavioral:

    • Foster a climate of fund development and diversification

    • Regularize the funding conversation and plan

    • Don’t chase funding

    • Read solicitation. Read it again. Read it again.

    • Design and develop model (outcomes and budget and abstract first)

    • Test model and find its flaws

    • Stay focused on “reasonableness” – that is your test

    • Celebrate thoughtful decisions and “nos”

    • Celebrate victories


Metrics

Metrics

  • Funding applied for, pending, result

  • Grants ending

  • New grants – funding available

  • Keep historical tracking documents of grant work ups

  • Numbers of no and yes

  • Lessons learned from previous grants


Lessons learned

Lessons Learned

  • Implement structures and behaviors

  • Find a grant development process that works for you

  • Design thoughtful and reasonable model and test it

  • Don’t overpromise and don’t under-promise

  • Avoid unnecessary decentralization in your designs

  • Identify, develop, and maintain partnerships

  • Always begin with an abstract and share it

  • Then do the outcomes and budget


Lessons learned1

Lessons Learned

  • Budget is a scope of work too and should align with your grant narrative

  • Get ready for the late surprise. It ALWAYS happens

  • Showing up is 90% of success

  • Don’t procrastinate

  • Think about needs before you shop for funds

  • Read the solicitation

  • Design clear roles and responsibilities across partnerships

  • Be strategic

  • Be thoughtful about your sources of funding (even philanthropic has expectations)

  • Check for vacations


Dan fey

Dan Fey

Workforce Development Council of Seattle-King County

2003 Western Ave, Ste 250

Seattle, WA 98121-2162

206.448.0474 ext. 3031

[email protected]


  • Login