Grants Management

Grants management refers to the process of overseeing and administering funds awarded to organizations or individuals for specific projects or purposes. It involves a series of steps, including application, approval, funding distribution, and monitoring the use of those funds. Effective grants management ensures that the grantees meet the requirements set by the funding source, use the funds appropriately, and achieve the intended outcomes. It also includes reporting on progress and financial expenditures, to ensure transparency and accountability throughout the grant’s lifecycle. Essentially, it’s about ensuring that public or private funding is used effectively and responsibly.