- GNA Insight
Finding Funding Isn’t as Simple as Point and Click
February 20, 2020
Source: ACT News
The sheer volume of Volkswagen Settlement funding, combined with myriad other state and federal incentives, makes it a challenge to not only find the best funding opportunities but assess the competitiveness of your project.
As a new calendar year begins, so too does a new slate of funding opportunities. The $2.925 billion Environmental Mitigation Trust, created by the Volkswagen Settlements, continues to buttress other state and federal funding opportunities. Indeed, 2019 saw $200 million in confirmed awards funded by the Volkswagen Settlement, allowing fleets across the US to deploy approximately 3,000 vehicles and pieces of equipment. This only represents 7% of the total potential slate of Volkswagen Settlement-funded projects though.
The start of 2020 has been a busy one to be sure. Major funding programs have recently opened or will open soon in grant-rich states like California, Texas, Florida, and New York. With all the near-term opportunities on the horizon, how can a fleet navigate hundreds of grant opportunities to identify which is the best fit?
While other “funding finder” resources rely on you to point and click through countless incentives, GNA’s Funding 360 Program is a targeted, efficient, comprehensive and proven market-intelligence solution to help you pursue—and secure—the funds you need to achieve your operational goals.
Funding 360 provides strategic forward-looking market-intelligence to those that want to win. By regularly surveying state and federal agencies throughout the United States and Canada, we generate a forward view of the funding horizon that we refer to as “curvature of the Earth.” When combined with the knowledge about our client’s project priorities – both from a technology and a geographic perspective – our experts provide targeted and efficient updates about these future funding opportunities.
This allows for project development efforts to take place in more deliberate and timely fashion, thus allowing our clients to stay ahead of the curve. Our forward-looking approach also creates opportunities to consider co-funding and other project financing needs in a more calculated and competitive manner, thus further enhancing the likely success of a grant funding application.
Success Begets Success
GNA has written and submitted nearly 500 funding applications with a 90% record of success, leading to awards in excess of $650 million. GNA is proud to hold the most significant track record of success in the industry, stemming from a simple reason: a tried and true process to track, evaluate, and secure the right funding programs to meet our client needs. GNA leverages our history and understands what makes for a good application, and we will tell you when you should not apply, saving you time and money. We work with your team to understand the specific needs and goals of your organization and develop the best strategies to execute them.
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