Q: When do we receive the first payment?
A: The first installment of the grant will be sent to your bank account within 15 working days after receiving the signed copy of the contract to the Fund's secretariat. In order to avoid delays, always make sure that you enter the correct mailing address to our system.
Contracts without the signatures (on multiple pages) of the statutory representative of the grantee will be returned to the sender.
Q: When we can start spending the grant?
A: All costs connected to your project have to be paid within the implementation period, which cannot start sooner than the date of the contract’s electronic confirmation. If the implementation period of your project starts later, you must wait for the given start date to start utilizing the grant.
Q: Do we have to print the contract?
A: No, the contract will be sent to you by post.
Q: When do we sign the contract?
A: When all the pre-contractual steps are finished and checked by your project manager, you will receive an automatic notification that the contract is ready to be confirmed in the online system. You should read it carefully, then click on CONFIRM. The contract copies will be printed and signed by the Fund, and sent to you by post. The statutory representative of your organization should sign them and send one copy back to the Fund via post.