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| '''Funding Decision''' | | '''Funding Decision''' |
| | | |
− | * '''Funding Availability:''' Funding will be available starting in April 2025. | + | * Funding available from April 2025 |
− | * '''MOU Requirement:''' A Memorandum of Understanding (MOU) must be completed before funding is disbursed. | + | * MOU completion required |
− | * '''Reporting Requirements:''' Regular reporting will be required, including financial forecasts, progress updates, and final reports. | + | * Regular reporting needed (financial forecast, progress, and final reports) |
− | * '''Invoicing Schedule:''' Scheduled invoices will be used for expense recovery. | + | * Scheduled invoices for expense recovery |
| |- | | |- |
| | style="background-color: #C3D0C9;" |'''6.''' | | | style="background-color: #C3D0C9;" |'''6.''' |
− | | style="background-color: #ffffff;" | '''Memorandum of Understanding''' | + | | style="background-color: #f2f2f2;" |'''Memorandum of Understanding''' |
− | | style="background-color: #ffffff;" | | + | | style="background-color: #f2f2f2;" | |
| * CRI works with the applicant to develop and finalize an MOU | | * CRI works with the applicant to develop and finalize an MOU |
| * MOU outlines conditions of funding, reporting requirements, and committed funds | | * MOU outlines conditions of funding, reporting requirements, and committed funds |
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| |- | | |- |
| | style="background-color: #C3D0C9;" |'''7.''' | | | style="background-color: #C3D0C9;" |'''7.''' |
| + | | style="background-color: #ffffff;" | '''Reporting''' |
| + | | style="background-color: #ffffff;" |'''1. Regular Reporting''' |
| + | |
| + | Applicants must submit '''financial forecasts''' and '''progress reports''' to CRI as outlined in the MOU. This ensures transparency and tracks the project's status and use of funds. |
| + | |
| + | |
| + | '''2. Invoices for Expense Recovery''' |
| + | |
| + | Submit invoices at scheduled intervals for expense recovery, in line with the terms of the MOU. |
| + | |
| + | |
| + | '''3. Final Report''' |
| + | |
| + | At the end of the project, provide a '''final report''' summarizing the key learnings and outcomes. |
| + | |- |
| + | | style="background-color: #C3D0C9;" |'''8.''' |
| | style="background-color: #f2f2f2;" | '''Lessons Learned and Knowledge Sharing''' | | | style="background-color: #f2f2f2;" | '''Lessons Learned and Knowledge Sharing''' |
| | style="background-color: #f2f2f2;" | | | | style="background-color: #f2f2f2;" | |
− | * Project leads are required to share learnings with the CRI through a final report
| |
| * CRI organizes opportunities to share and discuss learnings with interested audiences | | * CRI organizes opportunities to share and discuss learnings with interested audiences |
| * CRI prepares and publishes a report summarizing key lessons learned from regulatory experiments | | * CRI prepares and publishes a report summarizing key lessons learned from regulatory experiments |