Fundable

Fundable refers to the quality or state of a project, venture, or proposal being capable of securing funding from investors, lenders, or grantmakers. The term is used across business, nonprofit, and research funding contexts to indicate that the applicant meets the basic criteria and has a credible plan to deliver value, returns, or impact that justifies financial support.

In startup and business funding, fundability is typically assessed by factors such as market size and growth potential, product-market fit, a scalable and repeatable business model, a capable team, credible financial projections, and a clear path to revenue or exit. For grants and government funding, fundability often hinges on alignment with program objectives, feasibility, budget justification, measurable outcomes, and compliance with regulations. Due diligence may cover intellectual property, contracts, governance, and risk management.

Assessing fundability involves evaluating both the venture’s fundamentals and the funder’s priorities. Prospective fundees can improve fundability by demonstrating traction (customers, pilots, or partnerships), presenting realistic financial plans, providing clear use-of-funds statements, and building a compelling narrative around impact or return on investment. Preparation also includes addressing potential risks and ensuring data and milestones are well-documented.

Fundability is not a guarantee of funding; it is a dynamic, context-dependent assessment that varies with market conditions, funder availability, and evolving priorities. Projects can become fundable or lose fundable status as circumstances change.