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How government agencies can use data to expand reach of grant funding

Photographic portrait of Amy Fenstermacher
Amy Fenstermacher

EY Americas Grant and Relief Funds Management Leader

2 minute read 31 Jul 2024
Related topics
Government and Public Sector

A measurement-driven, AI-powered platform can streamline grant applications, enabling better support for resource-limited organizations.

Many policy initiatives are particularly appropriate to address via grant funding; two recent US domestic examples are the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA). Both pieces of legislation expect to allocate funding to a large portfolio of complex, long-term projects. Performance of these projects will be measured in multiple ways, including financial efficiency, quality of outputs and value of outcomes — measurement across these three factors is a fundamental construct of grants.

  • EY Grants Accelerator grants management solution

    EY Grants Accelerator (EYGA), built on the Microsoft Power Platform, is a lightweight grants management solution that accelerates citizen outcomes with efficient grants management. EYGA helps governments distribute funding efficiently to beneficiaries using a seamless and transparent workflow.

    Read more

The influx of new funding through these and other policy initiatives represents an opportunity for government agencies to develop a more user-friendly way to identify, apply for and receive grant funding. Done right, it could unleash a wave of life-and community-changing impact across the country.

 

Learn more about how four core principles can be used to shape a successful grant management program: designed for users, focused on outcomes, powered by technology and ready for complexity.

Read the full article here

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Summary

Data analytics and AI can help grant-making organizations shield grant applicants from onerous and repetitive data entry while improving the quality and robustness of the data collected. Just as importantly, they make the effort of eligibility analysis and risk evaluation more manageable for grant administrators.

About this article

Photographic portrait of Amy Fenstermacher
Amy Fenstermacher
EY Americas Grant and Relief Funds Management Leader
Focused on designing creative, technology-enabled solutions to thorny problems at all levels of government. Avid crossword puzzler, foodie and traveler.
Related topics
Government and Public Sector

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