Successful funding requests
Successful projects will be notified in December 2013. Formal contracts will be issued in March 2014. Work plans and budgets are to be designed with this timeframe in mind.
1. Final project reports
Those beneficiaries that have received funding will submit a mandatory descriptive, analytical and financial report on the execution of the project and the realisation of expected results.
Reports must be submitted to the Secretariat in order for the final payment to be processed. No funding for new projects will be allocated to applicants who have not submitted these reports.
2. Financial resources
Successful projects will receive their allocations in several installments. If approved for IFCD funding, beneficiaries will most probably receive 50% of the total amount approved in the beginning of the project, another 30% mid-way through the project and the remaining 20% once all activities have been completed and the final reports are submitted.
3. Ex-post evaluation
All projects that have received support from the IFCD may be subject to an ex-post evaluation with regard to efficiency and the achievement of objectives relative to the resources spent.
Ex-post evaluation of funded projects should present lessons learned, as well as the impact of these projects on the development of policies for culture. The evaluation is to demonstrate how experiences gained could benefit other projects, with a view to compiling a knowledge base of best practices.Back to top