Managing grants – the FAME way

/ Blog / Managing grants – the FAME way
Managing grants – the FAME way

FAME: Fund – Assess – Monitor – Evaluate!

We have developed tried and tested processes which together comprise a full grant-management service, from the inception and co-design of a fund, through to its evaluation and impact assessment. Our support for funders goes beyond ensuring effective grant-making, and includes services which are increasingly described as being “funding plus.”

Fund

In the current economic climate, funders are under considerable pressure to ensure that they make the best use of resources in pursuit of clear but realistic goals.  We support grant makers to articulate their objectives, designing a fund’s eligibility criteria so that funding particular inputs and activities has every chance of translating into relevant outputs and sustainable outcomes.

Assess

Funders need to be confident that they are selecting grantees and funding projects which have the best chance of meeting particular needs and desired outcomes.  Over the years, Rocket Science has developed our highly accessible, but increasingly intuitive on-line Bid Assessment Tool (BAT) which gives grant-makers confidence in their decision making and funding awards.

Monitor

Monitoring is often regarded as the least exciting part of the grant making process.  Yet, our design and application of an appropriate and proportionate monitoring regime is often critical to ensuring that grants are deployed as effectively as possible, minimising the risk of fraud and waste, whilst building the capacity of a programme’s grant recipients.

Evaluate

Evaluation is not just an end-of-grant report, but should be an ongoing process of learning that adds value and insights throughout any grant programme, as well as contributing to an evidence-based assessment of a fund’s overall impact.  We work with funders to co-design evaluation frameworks and tools which bring together project and programme-level information in highly-accessible formats.