What would constitute a detailed business plan in the context of the RFP?
A full-blown business plan is not required; however, applicants should provide enough detail and explanation so that CPB can evaluate the feasibility of the proposed budget. The business plan elements that should be included in the proposal are (1) a detailed five-year budget and (2) a budget narrative providing explanations and assumptions for major revenue and expense line items. Also, in-kind line items should be clearly indicated.
