From frustration to efficiency using AI
Thanks to new AI technology such as ChatGPT, organizations can save up to 80% on the grant application process. Think of automatically scanning thousands of subsidies, analyzing conditions and even preparing strong, consistent applications. The result? Less administration, higher quality and a greater chance of being awarded. With the rise of AI, new doors are opening when it comes to grants. This requires teams to look at the options with a new, fresh perspective.
How the grant process is changing
AI is fundamentally changing how organizations find and apply for subsidies. Instead of searching and writing manually, AI can take over routine tasks such as:
- Grant Identification: automatic matching of subsidy schemes with your organization and projects.
- Preparation: rapid analysis of project data to gather required information, identify missing information, and ask critical questions.
- Write an application: AI can help prepare compelling grant applications and ensure that the application is consistent.
These use cases make it possible to work faster, and with fewer errors. This lowers the threshold for applying and requires a review of financial teams to consider public funding as a serious option.
Subsidies.io: AI in practice
A good example of AI application is what we do at Subsidies.io. Our platform scans thousands of grants and links them to your company and project. Through a simple interface, you can immediately see which subsidies are relevant to your organization, what the conditions are, which documents are requested upon submission, and when the deadline is. From the platform, you can always get in touch with an expert who has already succesfully several times. This way, you can leverage the power of AI but always keep an expert in the loop.
AI + human = the winning combination
AI is powerful, but it's not a magic box. The best results come when AI is combined with human expertise. Where AI brings structure and speed, people provide nuance, strategy and customized adjustments. Together, they provide applications that are not only complete, but also convincing. That is why Subsidies.io offers a digital service, where AI does the heavy lifting but someone is always ready to help you assess and answer any questions.
Keep measuring and improving
AI solutions such as Subsidies.io are continuously being optimized. For organizations, it is important to monitor performance via KPIs such as:
- Save time per request
- Application success rate
- Number found relevant subsidy schemes
By analyzing this data, you can use AI in an increasingly smarter way.
Ready for the future
AI technology and its applications for subsidies is developing rapidly. New features, better matching and smarter writing models are on its way. For organizations, it is essential to keep up with these developments, train employees and strategically integrate AI into their processes.
Conclusion: time savings and better results
AI takes the complexity out of the grant process and makes it more accessible. By cleverly combining AI with grant writing expertise, you increase your chances of success. Subsidies.io shows how technology and expertise come together in a platform that requests makes it faster, more accurate and more effective.
Do you want to know how your organization can save time and get more subsidies? Try it out for free now.