Build a great team
A project is no stronger than the team behind. And you can be absolutely sure that funds as well as potential investors will study the project team’s competencies and the interaction between these closely. The competences of the partnership must always reflect the project’s deliveries and activities, and it will often be an advantage for you to explore beyond your usual business community not only to ensure the project has the necessary competencies, but also to add innovation. The first and perhaps most important thing when seeking funds is therefore to ensure you have the competencies on the team that match the project deliveries. Clarifying the partnership is often what takes the longest time in an application process, both in terms of work hours and calendar time. So, it’s important to get started early.