Grants may help you grow as a professional.
Reasons to consider doing a grant
Grants provide faculty with some amazing opportunities. This is your chance to turn ideas into reality - whether to carry out a research project or to demonstrate a new way of doing something. Many grants provide faculty with a way to build in additional professional development, equipment, materials, and travel. They provide a rich environment to gather data for peer-reviewed articles. Most importantly, they are a key scholarly activity that enhances your overall development as an academic.
An article you may want to look at was written by Kenneth Henson of the Citadel, a specialist in grants at the post-secondary level. He has done a nice job of providing some insights into the grants process for faculty members.
His article on grants is available through this link.