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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

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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]

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