Publication date: 03.07.2024
Graduated lawyer with experience of more than 7 years with experience in the field of public procurement, civil, administrative law and document drafting, expert in communication and dispute resolution, author of a legal blog and social media.
The entrepreneur, receiving grant funds, undertakes to employ at least one person and to pay taxes and social contributions for him for three years, until the amount of the grant is returned through the payment of taxes
We advise businesses for free on submitting applications and creating business plans for receiving micro-grants. In the course of our work, we discovered the difficulties faced by entrepreneurs and prepared several recommendations for the successful drafting of business plans.
First of all, familiarize yourself with the terms of the grant competition and the criteria for evaluating your business reputation and business plan. Our materials will help with this: Criteria for evaluating the business plan of the FOP and Criteria for assessing business reputation
The main documents that you need to familiarize yourself with before applying for a grant: based on consultations with entrepreneurs who have successfully received a grant, we have prepared recommendations that will increase your chances of success.
Recommendations for drawing up a Business plan formation for grant eligibility for a grant from Diya:
- To apply for a grant, you need to fill out two documents: an online application on the Diya platform and a business plan according to the established competition form.
- Before filling out the application, develop a business plan, because the answers to individual questions in the application depend on the indicators provided in the business plan. For example, the amount in the column "Other sources of income" of the business plan should correspond to the amount of "own funds" in the application.
- Grant requirements include the submission of a business plan in the prescribed form (see the section "How to get the service"). Familiarize yourself with the business plan form: the document includes a descriptive part and a plan of income and expenses. Work on both parts in parallel, as the activities in the descriptive part must be supported by numbers in the financial plan.
- If you only dream of a business, specify your business idea by answering the question: Why will it sell? Whom? Where? Next, make approximate calculations of expenses, profit, and taxes. Specify what exactly and in what amount the grant funds are needed. For example, if you plan to buy equipment, find the product online, track the price, availability and delivery time. This will help justify in the business plan the reasons why you need grant funds.
- The grant competition requires mandatory employment of at least one employee. Therefore, indicate in the business plan that you plan to hire one or more employees. Note that refunds require paying market wages and applicable taxes, which can be a heavy financial burden.
The descriptive part of the business plan includes specific questions that require detailed answers. Fill it out comprehensively and succinctly, avoiding duplication and colloquial vocabulary. Provide relevant information and work experience relevant to your business idea.
Add information about your own experience, including higher education, training courses and self-education. Even if you don't have a college degree, your work experience, skills, and abilities are key.
Justify the costs in the business plan: indicate why the cost of the product or service is so, give examples of prices (for example, a link to the web page of an online store).
Grant funds can be spent on certain purposes specified in Clause 5 of the Procedure for providing micro-grants for business creation or development (Cabinet Resolution of June 21, 2022 No. 738). The grant cannot be spent on wages, taxes, social contributions, utilities, etc.
In the "Grant return" column of the income and expenditure plan, indicate the tax and social contribution that you will pay for the employees. This is considered a "grant return". If your business is profitable, then at a certain point this amount will become negative, which will mean a quick return of the grant to the budget.
Sometimes we found that a project would not be profitable due to high wages or the cost of raw materials. However, the entrepreneurs we worked with always valued this experience, as it helped them better understand their idea and calculate its implementation.
Drawing up a business plan for obtaining a grant
Drawing up a business plan for a Grant assistance for veterans and their family members who seek financial support to implement their business ideas. Our service provides a comprehensive service: assistance in obtaining a grant for veterans and their family members, which includes various stages of preparation and application.
Question
One of the key aspects?
Answer
One of the key aspects of our assistance is legal support for grant applications. Our lawyers will help you understand all the legal intricacies associated with submitting an application and ensure that all documents are prepared correctly.
The next step is the formation of a business plan for obtaining a grant. Our experts will help you develop a business plan that will meet all the requirements of the grantor. They will advise on the structure of the business plan, including a description of the business idea, market, development strategy, financial projections, etc.
We also provide consultation on the grant application process.
You will learn about all stages of application submission, necessary documents and submission deadlines. This will help you avoid mistakes and increase your chances of getting a grant.
- Submission and consideration of grant applications is an important stage at which our specialists will help you prepare all the necessary documents and submit them within the established deadlines. We will accompany you at all stages of the application review process.
- Grant funding for veterans and their families can become a reality with our support. We will help you prepare the necessary documents and fill out the application correctly to increase the chances of receiving financing.
- Our lawyers provide the following service - legal assistance in obtaining a grant, which includes legal support and consultations at all stages of the process. They will help you understand all the legal requirements and prepare the documents according to the requirements of the grantor.
- One of the important stages is to determine the Criteria for receiving a grant by veterans. Our experts will help you understand what requirements must be met to be eligible for a grant and how to prepare documents in accordance with these requirements.
- After the business plan is developed, the business plan may need to be adjusted for grant approval. Our specialists will help you make the necessary changes and improve the business plan so that it meets the requirements of the grantor. We make an effective business plan.
- Before your scheduled interview, we provide a pre-scheduled grant interview consultation to help you prepare for possible questions and increase your chances of a successful interview.
Thus, our service helps veterans and their families at all stages of the grant process, providing support in drawing up a business plan, legal assistance and consultations. Thanks to our support, you will be able to realize your business ideas and get the necessary financing. we provide answers to the following requests: consultation for grant application process, grant application submission and review, lawyer assistance for grant acquisition, grant eligibility criteria for veterans, business plan adjustment for grant approval, consultation before grant interview.
