The Trusted Standard for Grant Funding
The Standard was developed at the African Academy of Sciences with support from some of the world’s largest public and private sector funders including UKAID, Wellcome, UK Research and Innovation, the UK Dept. of Health & Social Care, the IKEA Foundation, the European & Developing Countries Clinical Trials Partnership (EDCTP), the African Union and the New Partnership for Africa’s Development and Co-ordinating Agency (NEPAD).’
The Standard sets out in detail over 300 points of grant management practice that major funders expect and look for when allocating funding. These practices run across four areas of: financial management, human resources, procurement and governance.