1. LXXIV ICM Opatija, Croatia FM, AA/MCC, and S&C Workshop
Useful finance
LXXIV ICM Opatija, Croatia
FM, AA/MCC, and S&C Workshop

2. What is a grant? Substantial amount of money
Given by (non)governmental institutions, persons, foundations or others
Specified use and other criteria
Application procedure
Reporting procedure

3. Pros… Relatively easy to apply (usually) Rich resource
Diverse and plentiful
More stable/reliable than partner income
Clear expectations
Non-commercial culture

4. … and cons Affects multiple generations
Requires meticulous and precise reporting
Hard to understand requirements
Difficult application (sometimes)
Retroactive effect of failure
No guarantee of receiving grant

5. The assignment Divide into 12 groups
Read the grant requirements carefully
You have 20 minutes to build:
A project (with agenda)
An application
A budget
And present it afterwards
Tip: you will need to divide the work to be able to finish on time