Current status and directions for improving grant writing in Ukraine in conditions of economic instability

Abstract

The current conditions of the development of the world economy are characterized by the spread of international cooperation in all sectors of the economy. The expansion of activities and the globalization of challenges require increased funding, which in conditions of great competition faces the problem of lack of funds. One of the tools of additional financing is the attraction of grants, which are actively used not only in the field of science and education, but also for business development, state support of strategically important sectors of the economy, as well as for the development of the creative sector, culture and art, etc. In accordance with the goals of financing, grants can be provided by governments, international organizations, foundations and corporations to support innovative and socially significant initiatives that contribute to the development of society and the economy. Despite the widespread importance of grant funding in modern conditions, for domestic organizations the issue of correctly writing grant applications remains complex and insufficiently covered. Thus, grantwriting, which includes the features and process of preparing applications for submission for grant funding, becomes of particular importance. Grantwriting is aimed at developing a substantiated grant application with a detailed description of the solution to the current problem, a clearly formulated goal and objectives of the project, as well as a project methodology with a substantiated description of the budget and a clear and understandable result of the implementation of this project. A substantiated grant application will allow you to obtain funding for both the implementation of scientific research, social and innovative projects, and for the creation and support of small and medium-sized businesses and compliance with the specifics of the grant and the interests of grantors. The relevance of the research topic is due to the need to strengthen the implementation of grant funding in a wide range of interests of society, which requires the formation of professional skills in writing grant applications. In modern conditions of international cooperation, effective grant writing is becoming one of the key elements of attracting resources to the country's economy, as well as increasing the competitiveness of both the economy as a whole and individual research, social or creative organizations in particular.