In reviewing the assessment process for applications received under our second funding call, we identified the need to revisit the evaluation criteria we apply when screening and prioritising funding applications.
After considerable reflection and discussion, we are announcing the completion of the revision of the relevant sections (2.3 and 2.4) of Co-Fund’s Internal Regulations for the forthcoming funding call, with the aim of establishing a more comprehensive and equitable process for assessing future funding applications.
The key features of the revision are:
- a greater emphasis on assessing the risk of a funding proposal
- more favourable treatment of ventures that have not previously received funding
- the addition of criteria relating to the duration and size of a venture’s contribution to our funding community
To view the new funding application assessment criteria in detail, please refer to Co-Fund’s Internal Regulations.
