Does anyone here have some experience working with a grant application editor?
I am in touch with one of them and he's asking for a commission between 5% and 10% of the grant amount (he seems to assume it's possible to raise $150K through an NSF grant).
I should also point out that he claims it's a 3-4 weeks work and he's going to give away about 2-3 weeks of work (at $1,000/week) based on my budget.
Thanks in advance for any feedback!
Thanks all for your feedback!
I should have made my request a little more straightforward. I'm not looking for a grant application writer, but I am wondering whether his commission requests are fair or not.
John, I completely agree with you that having a good grant writer is critical and that can make a big difference. I definitely plan to interview him more about his understanding of the National Science Foundation process.
Dale, thank you for providing the $6K figure, this is the type of information I was looking for. As it stands, my grant writer would only charge me $1,000 to write the grant proposal (he would have earned $4,000 prior to that for research work and provisional patent writing), but then take a 5% to 10% cut on the grant money (if funded), i.e. between $7,500 and $15,000 if we manage to get $150K (obviously, I guess we could get less). Surely, he bears more risk with such a fee structure, but from my perspective, is it worth it or should I want to pay him more upfront for writing the grant application and negotiate a lower commission fee?
He seems like a very honest person and has very reasonable per-hour fees, but the grant commission rate just seems a bit high to me. I am thus wondering whether such an arrangement is unusual or not.