Project funding is no different but there are several ways you can fund a project.
In order for a suitable funder to assess whether or not your project is worth funding, these are some the minimum funding requirements you’ll be asked for:

A. An Executive Summary
An executive summary is an abbreviated version of a business plan. It allows the reader to obtain a quick overview of the business. Executive summaries are the first documents a lender will read, if written correctly and can be understood, it would increase the chance of getting the lender to read your business plan. Most entrepreneurs don’t realize the importance of this document because it is often looked as “unnecessary” whereas it increases your chance of being funded.

It must highlight important information such as stating and defining a problem in the market (statement of purpose) Give a reason why you need funding and outline how the business can fill the market by providing a solution.
Executive summaries should be designed like this page using titles, subheading, bullet points. Use graphs and images to explain your business and write the important factors in short paragraphs. Avoid using industry jargon but and get to the point. Sometimes it is good to use quotes and testimonials of the business needs and recommendations by leaders or people in authority.

B. A Business Plan
You might agree that writing a business plan can be challenging. Business plans are “projected” 3-5 year road map that outlines where you intend to take your company. From humble beginnings your idea might be to grow, make money, manage risk and sell the business when hitting retirement age. Below we outline major parts of a business plan that makes an impact with our funders.
Knowing how to structure and write an effective business plan is key to get your project seen by any funder. The business plan template written below can be used for any business be it for a large project or for a small business. It is worth time, money and effort paying out for a professional who provides a business plan service. They ‘go with it with a fine tooth comb’ and iron out mistakes and see areas where plans can be improved.
Here’s a video to give you some tips and explain further on how to write an executive summary.

C. Financials (if not current then projected)
D. PPA’s and relevant licenses
E. Resumes on the project principals
F. Our ‘application for funding’ form
**Proof of funds (Most lenders will require POF) to show your ability to pay related fees. Depending on the method of funding, some funders may require cash equity.
G. A Registered Company (a company website will would be helpful)

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