Why is This Important?

This measure would help to determine whether the County is using its resources strategically to apply for grants. A very high acquisition rate could indicate we are well-aligned in the funding sources we target but may also indicate we are overly cautious and could identify more competitive grant opportunities. A very low acquisition rate could indicate we are not being strategic enough in identifying grant opportunities or we could identify improvements in how we convey County data and needs to make grant applications more compelling. 

What Does It Mean?

Definition

Number of grants awarded divided by the total number of grants submitted.