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Lake Superior State University Office of Sponsored Programs External Funding Procedures Manual (Grants & Contracts)Erica Newland Office of Sponsored Programs 9066352272 enewland@lssu.edu Prepared:
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How to fill out external funding proposal approval

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How to fill out external funding proposal approval

01
Start by reading the guidelines and requirements for the external funding proposal.
02
Gather all the necessary information and documents required for the proposal.
03
Begin by writing a clear and concise summary of the project or initiative that requires external funding.
04
Provide background information about the organization or individual seeking funding.
05
Clearly state the purpose and objectives of the project, as well as the expected outcomes.
06
Include a detailed budget plan, outlining the estimated expenses and how the funding will be utilized.
07
Present a comprehensive timeline for the project, indicating key milestones and deadlines.
08
Provide any supporting data or evidence that can strengthen the proposal, such as previous successful projects or relevant research.
09
Address any potential challenges or risks associated with the project and propose mitigation strategies.
10
Finally, proofread and edit the proposal to ensure it is error-free and coherent before submitting it for external funding approval.

Who needs external funding proposal approval?

01
Anyone who wishes to seek external funding for a project or initiative needs external funding proposal approval. This can include individuals, non-profit organizations, startups, research institutions, or government agencies.
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External funding proposal approval is the process through which organizations or institutions must obtain authorization for proposals submitted to secure funding from external sources, ensuring compliance with internal policies and external regulations.
Typically, researchers, faculty members, or project leaders who are seeking external grants, contracts, or funding must file for external funding proposal approval.
To fill out an external funding proposal approval, one must complete the designated forms provided by the institution, providing details such as project title, funding source, budget overview, and a summary of the project objectives and outcomes.
The purpose of external funding proposal approval is to ensure that the proposed projects align with the organization’s mission, are feasible and compliant with institutional and funding agency guidelines, and that resources are appropriately allocated.
The information that must be reported includes the project description, objectives, funding source, budget estimates, timelines, institutional approvals, and potential impact of the project.
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