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Page 6 of 7
Grants
5. Application Timescales
Do not expect an immediate decision on a grant application. You may have to wait some time for it to be considered.
5.1 Local grants, such as those given out by local councils, are usually processed fairly quickly.
- You may have to wait up to six weeks before you hear whether the grant will be awarded.
- Such grants generally involve simple application procedures.
5.2 National or European grants typically take two to six months to obtain, but can take up to a year.
- You are usually able to submit a relatively simple Stage 1 application in the first instance. This enables the grant-giving body to assess whether your project stands a serious chance of being funded. A Stage 1 application form will only be two to five pages long, but it can take two or three days to prepare, because you must include costings.
- You can then decide whether or not to proceed with a full Stage 2 application. A Stage 2 form is usually 15 to 25 pages.
Labels: Small Business Grants, Finance & Grants
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