What does our grant scheme management involve?
Scheme design
- Architecture for grant scheme delivery reflecting stakeholder need
- Tailored design of grant administration and performance management processes
- Flexibility to review and adapt processes to meet the ongoing needs of a scheme.
Set-up and launch
- Prioritisation of the most relevant, important or urgent topics to fund
- Highly effective, targeted promotion of your grant scheme
- Design of application forms to maximise quality submissions and generate more suitable options
- Bespoke application invitation and management system.
Assessment of applications
- Identification of key expertise to ensure stringent review of applications
- Soliciting of public opinion to allow end-users to shape applications
- Efficient recruitment and co-ordination of expert advisory panels
- Expert financial, intellectual property and commercial due diligence
- Expert contract negotiation and contracting.
Progress monitoring
- Evaluation of intellectual property and commercialization opportunities
- Comprehensive technical and financial monitoring of project progress versus milestones
- Provision of meaningful status reports to stakeholders
- Rigorous administration of grant funding.
Impact analysis
- Widespread dissemination of project outcomes
- Detailed reviews of grant scheme performance against objectives
- Accurate quantitative and qualitative evaluation of the impact of the work you funded.
Specialist functions in support of grant scheme management
Supporting teams provide specialist advice and activities in finance; intellectual property and legal; marketing and communications; public involvement; information management and data analysis; governance, quality and operational management.
Our cross-cutting work includes:
- An established and highly regarded process for inviting, supporting and processing applications for your scheme, with applicants receiving high quality support on your behalf
- Publicity, content and a digital presence for your funding opportunity and outputs, building your brand and reputation and increasing application rates
- Stringent reviews of applications by independent experts, and option for public involvement, providing transparency and defensibility of funding decisions
- Detailed pre-award due diligence, contract negotiation, and post award financial administration, enabling confidence in allocation of funds
- Rigorous milestone-driven monitoring of project progress by subject-matter experts to track progression towards deliverables.
To learn more about how we could manage your grant funding, please email gmgcommercial@lgcgroup.com