Application Preparation
Budget and Cost Justification Guide
Last reviewed: April 2026
A persuasive budget is explainable. Reviewers need to see what each cost does, why it is necessary, and whether the amount is proportionate.
What good cost rationale looks like
A strong rationale answers:
- what is being purchased
- why it is necessary
- what deliverable it supports
- why the amount is reasonable
Notes by funding type
- For grants: map each line to eligible scope and expected claim evidence.
- For accelerators: focus on resource allocation and execution feasibility.
- For pilot funding: tie cost to deployment milestones and measurable outcomes.
- For debt financing: show repayment realism and downside planning.
Next step
Continue to Vendor Selection and Quotation Standards.