It is essential for federal grant managers to have a deep understanding of the grant lifecycle because it enables them to effectively manage every stage of the process, from grant application to closeout.

In federal grant management, the pre-award stage refers to the period before a grant is awarded. During this stage, potential grant applicants research grant opportunities, develop their grant proposal and submit their application to the funding agency. Thompson’s Federal Grants Development module is designed to help grant professionals find sources for federal funding, develop competitive proposals, and take the steps needed to comply with federal grant rules.

The post-award stage refers to the period after a grant is awarded. During this stage, grantees execute their program or project, manage the grant’s budget, and comply with all regulations and reporting requirements outlined in the Office of Management and Budget’s uniform guidance. Many grant professionals believe the post-award stage requires the most significant investment in staff training and development. This includes training on budget management, reporting requirements, compliance monitoring, and audit preparation. The Thompson Grants’ Federal Grants Management Module is designed to help your organization manage its grant awards, ensure they meet regulatory requirements, and manage their grants effectively.

For those seeking federal grants, it’s crucial to understand the grant lifecycle from start to finish. Luckily, Thompson Grants has been a trusted resource in grant compliance since 1972. With products and services covering the entire grants lifecycle, from pre-award planning to post-award management, we can help you navigate the tricky waters of federal grants. Understanding each process step and the requirements outlined in the uniform guidance is crucial to successful grant applications. Don’t let the complexity of the grants process keep you from securing funding — trust in Thompson Grants to help you succeed.

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Please note: This blog post is not official or legal guidance. Recipients should consult the federal awarding agency regarding whether the Uniform Guidance applies to a particular federal award. Subrecipients should consult with the pass-through entity. Thompson Grants is not a grantmaking organization and does not award grants.