Any type of grant is a grant which is granted to a recipient to help facilitate the implementation, use and maintenance of the programme. There are three types of grants which include direct grants, conditional grants, and multiples grant. Direct grants provide funding for programmes in exchange for money.
Contribution agreements apply to the amount of funds allocated, to a specific programme in the grant’s grant contract, or to the use of funds as an incentive to achieve the aims and objectives of the programme. They are subject to approval by the Board of Directors.
A conditional grant is a grant which applies to a programme as an incentive to ensure a successful completion of the programme. It provides funding for a programme that is already in operation.
For example, in 2012 the Government announced that a new research award which covered an additional year or more of research and development would be awarded to researchers on all four funding levels on a year-by-year basis. The Government has now indicated that it does not plan to award this grant as it lacks access to funding, nor would it have the funding to use to fulfil the programme in the future. If the Government did not receive its initial funding plans from the Government, then the recipients would not be able to be involved in further research or development activities for the funding level.
This report gives a full view of grant funding for research to be carried out in the context of the scheme and to ensure it meets the objectives required in the scheme
the objectives of the scheme are to
promise that research is carried out with the relevant Government funding
provide that funding, by means of a grant, is allocated and can be used for the purposes specified in the scheme or may be carried out on a programme or on a project outside the scheme
support a programme that can fulfil a target of achieving a specific outcome in a particular funding level of 2 or less of the total funding needed and for a specific project in particular funding level of 5 or less
The Programme Director takes a recommendation, in conjunction with other committees, of the Department of the Treasury to set out certain objectives and identify the targets for grant programme execution.
What is a multiples grant
A multiples grant is a grant of a specific kind which is awarded to a particular programme for the purposes specified. The Government has previously stated that the type of a grant will be used depends only on the extent to which it will enable funding for the particular programme (for example,
small business grants for felons, government assistance for single mothers, free money to start a small business, free grant applications, federal small business grants