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!
Hi Lee Ann,
Thank you for your message, which definitely got me thinking.
I am surprised to hear that $50/hour is on the higher side for an editor, while I've interviewed San Jose CS students with no real practical programming knowledge who demanded $30/$35 per hour for a mere internship. $50/hr for a seasoned MIT alum with software consulting, patent and grant writing experience doesn't seem that high to me, especially since he is also proposing to write a provisional patent at that same hourly rate (compared to the $500/hr or more a patent attorney would typically charge).
WRT commission he's asking, thank you for pointing out the risks to my application if those costs cannot be deduced from the grant funds. That said, my company already generates revenue from an existing product, so the commission could be paid from the company's existing revenues, not from the grant funds (which would be entirely dedicated to fund R&D).
At the end of the day, I guess it all boils down to how much risk I want to bear and how much upfront cash I want to shell out for that grant application.
Thanks again to all for the insights and perspective I gained from that discussion, it's been very helpful!