Nigeria's tech startups, according to Voice of America are facing reluctance from investors, stemming from the shutdown of some prominent young companies last year.

One of the most critical components of a grant proposal is the budget. However, many grant seekers often overlook or misunderstand the importance of including contingency funding in their budget. 

For NGOs, waiting for funding opportunities can be a long and challenging process. However, that doesn't mean you have to put your mission on hold. Aside from cutting costs and optimizing resource use, with limited resources, you can still make a significant impact and set yourself up for success when grant funding becomes available.

Grant funding is crucial for supporting NGOs and startups in driving sustainable development, economic growth, and positive social impact across Africa. From building infrastructure and delivering health services to implementing educational programs and advancing research, grants provide the financial backbone for turning visions into reality.

Funding sustainability is a critical concern for businesses, nonprofits as well as other organizations that rely on external funding to support their mission and programs.