How to obtain funding
From the idea to the completed project, we help you plan everything step by step. All funding facilities for feasibility studies, business partnerships and strategic alliances are designated in the following as business partnerships. Possible procedural deviations in the different funding instruments are noted where appropriate.
FROM PROJECT IDEA TO APPLICATION
STEP 1: INITIAL DISCUSSION
If you have an idea for a business partnership project, get in touch with us! In the initial discussion, we find out whether your company is entitled to apply, meets the economic requirements to make its own contribution and your planned project conforms with our development-policy criteria. The formal criteria and conditions for assistance are set out in our Funding guidelines for business partnerships.
STEP 2: PROJECT DRAFT
If your company and the project meet the basic requirements for funding, work begins on the project draft. This means that your project idea is translated into a funding application: Grant Application Business Partnership. Our programme managers will be glad to help you with advice and support.
Essentially, the project draft specifies the planned objectives in more detail. It defines the measures for achieving these objectives and identifies the benefits for the target population. Suitable indicators are needed to be able to measure project progress and outcomes.
In its operations, ADC attaches great importance to adhering to international provisions and conventions, such as the Declaration of Principles of the International Labour Organisation (ILO), the OECD Guidelines, the Global Compact and the Universal Declaration of Human Rights. Specific questions must be answered on this in the application form.
Budgeting makes up another part of the project draft. Please fill in the Budget Grant Business Partnership, which contains a calculation of the planned project costs. For feasibility studies, please fill in the Application Form Feasibility Study and the Budget Feasibility sheet. Other relevant documents are Guidance on Budgeting and Company and Banking Details.
If several enterprises plan to implement a business partnership together, they must append a consortium declaration to the grant application, including the signatures of all partners. A consortium is entitled to apply for funding, if at least one partner meets the criteria for assistance.
The completed project application is submitted for approval to the Award Committee for Business Partnerships, which comprises representatives of the Oesterreichische Entwicklungsbank (Austrian Development Bank), the Austrian Foreign Ministry, the Austrian Chamber of Economy and the management of the Austrian Development Agency. The committee discusses whether the project can be funded. If so, the contract for assistance is prepared. This consists of the General Terms and Conditions for Business Partnerships, Company and Banking Details, the project document and the project budget. The contract for assistance enters legal force after signature by all parties. Furthermore, we kindly request your written confirmation that you forwarded the enclosed Information sheet about ADA's Code of Conduct and the Information Point for Integrity to all partners mentioned in the grant application and to acknowledge the enclosed Data Protection Notice.
Feasibility studies are approved in a simplified procedure. You will receive a written notification of grant approval.
From project approval to completion
FROM PROJECT APPROVAL TO COMPLETION
STEP 3: PROJECT IMPLEMENTATION AND REPORTING
The planned measures are now put into practice. ADA attaches special importance here to ongoing reporting as the basis for disbursements of individual grant installments.
- Project monitoring: progress report, accounting and auditing
To review project implementation, a narrative progress report must be drawn up every half-year that gives an account of the measures conducted and also current results monitoring. A feasibility study substitutes for the progress report.
The interim financial report records project expenditure during the respective half-year. Please use the form, progress report and the the fields provided in columns AM to BN in the Budget Grant Business Partnership. An audit by an external auditor must be appended to every second report once a year.
Please send the following documents to email@example.com and the responsible programme manager or Austrian Development Agency, Department Finance, Accounting and Control Finanz-, Rechnungs- und Kontrollwesen, Zelinkagasse 2, 1010 Wien.
For the 1st, 3rd and 5th report:
1. Electronic transfer: progress report (Word or PDF)
- Electronic transfer: Budget Grant Business Partnership including rates, amounts and totals for the respective progress report (columns AM to BN in the document) (EXCEL table)
3. Original copy: Confirmation of the Financial Report signed by the authorised signatory with the company stamp; total amount for the invoiced half-year to be entered here
4. Original copy: Budget Grant Business Partnership stamped and signed
Addition for the 2nd, 4th and last report:
5. Original copy: Auditor's Report
Funds are disbursed every half-year after examination and approval of the submitted reports and invoices. Depending on the percentage agreed in the budget and contract for assistance (maximum 50 per cent), ADA pays its contribution to the invoiced project costs onto the account specified in the Company and Banking Details. In a 3-year project, the funds are therefore disbursed in six installments.
- Reallocation and term extension
Substantive and budgetary reallocations and term extensions are contractual modifications requiring prior written approval by ADA. They may not, however, result in an increase in the contractually agreed budget. You can submit an informal request giving reasons to your programme manager by email.
Budgetary reallocations are necessary where individual items in the Overall Calculation sheet in the Budget Grant Business Partnership will be exceeded by a maximum of 10 per cent, but no more than EUR 10, 000. For this, please fill out the reallocations sheet in the Budget Grant Business Partnership.
- Public relations
As ADA expends public funds (taxes), it is concerned with transparency. As contractual partners of ADA, businesses are obliged under the Guidelines on the Visibility of Austrian Development Cooperation to make reference to ADA as their partner in all project-specific, public relations activities.
To support and enhance the visibility of the Business Partnership Programme and the work of Austrian Development Cooperation as part of its cooperation with the private sector, ADA conducts PR and marketing activities. Please give us the name of a possible contact person in your organisation to help coordinate these measures better.
STEP 4: PROJECT COMPLETION
To assess project success, a final report must be submitted on completion. Please detail in this the results achieved by the project. The procedure is the same as for the interim reports.