2 Grant Writing Business Success Stories [2024]
Starting a grant writing business is a fantastic idea for those skilled in research and writing. This business involves helping organizations, non-profits, and individuals secure funding from various sources, such as government agencies, foundations, and corporations.
To start a grant writing business, you will need to have excellent research skills and be able to write well. You should also understand the grant application process and be able to communicate the needs and goals of your clients effectively.
One of the critical components of running a successful grant-writing business is building a solid network of connections. This includes developing relationships with funding sources, organizations, and individuals needing grant funding.
You must invest in some essential equipment and resources to get started. This includes a computer, printer, office supplies, and a website to showcase your services. You may also want to consider investing in grant writing software to streamline the process and make it easier to keep track of your projects.
As a grant-writing business owner, you will be responsible for researching potential funding sources, writing grant proposals, and working closely with your clients to ensure their successful grant applications. You can build a successful and rewarding business with hard work and dedication, helping others secure the funding they need to achieve their goals.
In this list, you'll find real-world grant writing business success stories and very profitable examples of starting a grant writing business that makes money.
1. Thornton & Lowe ($2.16M/year)
At the age of 23, Dave Thornton founded Thornton & Lowe, a bid writing and management consultancy. After gaining experience in the housing industry and realizing the need for smaller businesses to improve their bid skills, Thornton decided to start his own company. Now, 10 years later, Thornton & Lowe has helped clients win billions of contracts and has achieved impressive milestones such as sales of over $130,000 per month and a win rate of over 75% on tenders.
How much money it makes: $2.16M/year
How much did it cost to start: $250
How many people on the team: 28
Learn how a UK-based bid writing and management consultancy grew to sales over $130,000 per month by focusing on their niche market and providing exceptional customer service to clients ranging from startups to multinationals.
2. Content-Whale Private Limited ($750K/year)
Vaibhav Kishnani, an engineer turned writer, came up with the idea for Content-Whale after noticing the unprofessional conduct in the Indian content market. With just Rs. 2,500 ($35) in capital, he started the content agency which now generates a revenue turnover of Rs. 4 crores ($514,000) and serves clients like Quikr and The Boston Consulting Group.
How much money it makes: $750K/year
How much did it cost to start: $35
How many people on the team: 30
Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.