Prioritize Your Funding Opportunities
Step 4 helps you take this list and decide which funding opportunities are worth pursuing. The Decision Matrix can help you evaluate opportunities objectively so you can focus on grants that offer:
- The strongest alignment with your mission
- The highest probability of success
- The best return on investment (ROI)
- A realistic workload for your team
Why Use a Decision Matrix?
In short, the Decision Matrix helps you prioritize smartly and strategically. It helps with:
- Objectivity: The Decision Matrix provides a structured scoring system that helps remove bias and ensures your funding plan is aligned with your goals, capacity, and strategy. This is especially helpful when presenting your grant plan to leadership, development staff, or your board.
