We were never particularly gifted at math, but basic math comes in handy as a grant writer! For every single grant we seriously consider, we insist on knowing the applicant success rate.
What’s that you ask? That is how many applicants were awarded funding out of the total number of applicants.
Why? Now you may say this isn’t a good indication of success since your proposal will be above average. That hopefully is true, but when you get into grants that award less than 10% of applicants, it doesn’t matter how good your application is – the odds are just working against you!
How do you calculate it? Divide the number of successful applicants by the total number of applicants. For example, if 80 grants were awarded and 400 applied, that equates to a 20% success rate (80/400=20%).
What if that info isn’t published? Ask the funding agency. This is a non-negotiable detail to have before deciding to write a grant. Some programs are so competitive less...