Data Science Tools To Grow Your Business

Businesses fail to win awards, grants, or tenders for lack of alignment with evaluation criteria. Each call for proposal has specific evaluation criteria. Failing to align the proposal with those criteria or not addressing them in detail results in a lower evaluation score or outright rejection.

Our team at License Academy has designed a program to address the challenges of applicants. Specifically, we help client teams craft high-win probability proposals by addressing the gaps.
-Inadequate Understanding of Requirements: Thorough understanding of the requirements and criteria outlined in the proposal is a must. This approach ensures that the proposal is technically complete.
-Lack of Competitive Advantage: If a proposal does not highlight the unique strengths, capabilities, or value proposition of the company, the competitors are better able to demonstrate their advantages.
-Weak Proposal Structure and Presentation: A poorly structured or presented proposal fails to effectively communicate the company's qualifications, experience, and proposed solution. It is crucial to have a clear and concise document with a compelling narrative that engages the evaluators.
-Insufficient Research and Preparation: Lack of thorough research and preparation hinders the quality and accuracy of the proposal. Inadequate knowledge about the target audience, industry trends, or previous successful projects weakens the proposal's content and diminishes the chances of success.
-Inadequate Proof of Capability and Experience: Proposals must demonstrate the company's proven capability and experience in delivering similar projects or services. Insufficient evidence of past success or relevant expertise undermines the confidence of evaluators in the company's ability to fulfill the requirements.
-Price or Cost Discrepancies: In competitive tenders, the pricing and cost structure plays a crucial role. Significantly higher pricing than competitors without clear justifications or too low to be viable receive declines.
-Strong Competition: Sometimes, despite a well-prepared proposal, the competition is more deserving. Other companies might have more experience, better resources, or established relationships with the awarding organization, making it harder for a new entrant to win.
-Unforeseen Circumstances: Certain factors beyond a company's control, such as changes in funding priorities, political considerations, or unforeseen circumstances, can impact the evaluation process and result in proposals receiving declines, regardless of the quality.

Our program helps companies focus on thoroughly understanding the requirements, emphasizing their unique strengths, conducting comprehensive research and preparation, providing strong evidence of capability and experience, structuring and presenting their proposals effectively, and ensuring alignment with evaluation criteria. This data science-powered solution increases the chances of winning awards, grants, and tenders.

License Academy
1108-250 Consumers Rd #303, North York, ON M2J4V6

Press Contact
Raju Basumatary
Email: raj.b@license.law
Hello: +1 647 741 5971

Stanford Rebuild 2020 challenged us to think deeply about the business value chain. Our mission at License Academy is to enhance organizational and professional development with next-gen tools and techniques. Our clients achieve new highs with IP assets, financial services including fundraising and venture capital, proposals and tenders, and custom-designed tech tools.

This release was published on openPR.