Essential Tools for Grant Applicants
To secure and manage government funding, you need the right infrastructure. These are the tools we recommend for compliance, financial management, and legal standing.
Banking built for startups. No monthly fees, wire fees, or minimums. Ideal for holding grant funds separately.
The easiest way to form your LLC or Corporation. Required for 99% of government grant applications.
Track your grant spending accurately to withstand government audits. The industry standard.
Manage payroll for your team. Many hiring grants require robust payroll systems like Gusto.
Why You Need These Tools for Grants
1. Separation of Funds
Most grants require a dedicated business bank account. keeping grant funds separate from personal or operating funds is critical for audits.
2. Legal Entity Status
Sole proprietorships often qualify for fewer grants. Forming an LLC or Corporation often unlocks typically larger state and federal funding pools.
3. Financial Tracking
"If you can't prove it, you didn't spend it." Accounting software is non-negotiable for reporting how you used grant money.
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