Advancement Funds

Funds are made available on an annual basis for engagement projects and initiatives that are of strategic value to Nelson Mandela University and that are currently not directly funded via teaching and learning and research funding sources. 
 
Innovative projects and initiatives that contribute towards the teaching and learning, research and service functions of the university receive preference.  Marketing initiatives will not be considered. 
 
The fund has as its objective to provide seed/supplementary funding for specific projects and activities that comply with specific criteria, thereby acknowledging their institutional importance as well as to promote further development and sustainability of these projects. 
 
The fund therefore provides project funding for the establishing and developing of new engagement initiatives and for expanding and sustaining existing engagement initiatives. 
 
In 2020 funding provision will be capped at no more than R50 000 max per application, but final allocations will depend on the availability of funding, the adherence to funding criteria and the realistic potential of deliverable outcomes.

 

Project Funding Criteria

 

 

 

 

 

 

 

 

Funding Conditions

 

1. The scope of institutional support will be reviewed on an annual basis.
 
2. The project needs to be supported by the faculty/department or division.
 
3. The applicant’s previous success in sourcing external funds for implementing engagement projects with external communities and stakeholders.
 
4. The project has to be registered on the Nelson Mandela University Engagement Management Information System.
 
5. Funds will have to be sourced from elsewhere (faculty funds or third stream) to sustain expenses in subsequent years (after 2020) if the application is for an ongoing project.
 
6. Parallel efforts by applicants to raise “new money” for the project must continue and faculties should budget for these expenses in future as part of teaching and learning and research.
 
7. Funds will not be allocated to projects that are known to be carrying substantial reserves.
 
8. Priority will be given to programmes and projects falling within the Nelson Mandela Bay Municipality with the target beneficiaries being underserviced and disadvantaged communities.
 
9. The funding is to be used for project running costs (no bursaries or capital equipment). A detailed budget should be provided indicating what the money will be spent on.
 
10. A project report will be required in the first term of 2021, providing evidence of expenditure and progress made towards meeting the aims and objectives of the project plan.
 
11 Funds that remain unspent or unreported after any 12 month funding cycle will be returned to the fund.