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The feasibility study is a critical and essential first
step in the development of any project. Depending on the circumstances it
can be a brief overview of “where we are, what our needs are, and what our
goals are.” For other projects, an extensive evaluation is required before
the project can be developed.
Bright Star Consultants will act as partners with you to
ensure that the right feasibility or needs statement is developed for your
project to match the funding you require. We will work with you to develop:
- A needs assessment to determine the
organizational readiness and needed tasks to position the company for
maximum funder interest. Interviews, research, and analysis would go
into an executive summary resulting in a task check list.
- Research and detailed recommendations for
strategic alliances for collaborative partnerships to improve you application
score. Funders want to invest in projects and services that 1) are not a
duplication of services 2) generate large impacts as a result of the work, 3)
are more competent and comprehensive than your competitors.
- Research and network to determine the funding
sources that are the best match for your mission and services and make targeted
recommendations for application. This is very important as you don't want to
waste time and energy on unlikely grant opportunities. This process is supported
by the needs assessment and strategy building of the prior two steps.
- Create a deliverable document that serves as the
platform to position a successful funding strategy. From this position of
readiness we could then effectively go after grants.
See the sample consultation on the
Non-profit page for an example of a fully integrated funding and project
feasibility study and implementation plan. More can also be read in the news
articles on the Bright Star in the
News page.
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Sample
Consultation |
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Feasibility Study:
Preliminary Non-Traditional Grant Funding Strategy: City of Pinehurst, Idaho
Role:
Research and development
of deliverable documentation that included non-traditional grant seeking
strategies, organizational readiness evaluation, readiness task list,
strategic alliances profiles, and recommendations.
Bright Star Grant
Consultants worked carefully to understand the needs of our projects and
community and provided creative funding opportunities that will expand the
reach of our projects and increase our sustainability.
Principal,
Terra Graphics Engineering
Link:
Terragraphics Environmental Engineering
(http:\\www.tgenviro.com)
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