A grant award is a contract. Just as you have rental contracts for your office and work contracts with your external colleagues, a grant award involves an agreement that requires a well-developed process. Thus you need to have policies that you follow consistently.
Before you start applying for many grants, you will need to establish these policies. Who in your organization would need to approve a proposal before it is submitted? At what amount does the proposal require board approval? How will you do the accounting? These are questions you need to answer even if you are only receiving a few grants. This section will guide you through putting the fundamental pieces in place so that your grants program is successful.