V. Equipment and/or material procurement phase

Could I get the grant money in cash?

No. According the Programme’s terms the grant money can be used solely for procuring equipment or materials / raw materials in compliance with the business plan which is part of the Agreement.

What is the amount of the grant?

The Grant amount is MKD 270,000 for procuring equipment and/or materials in compliance with the specifications of the approved business plan which is incorporated in the Agreement.

Could I procure equipment and raw materials that have not been envisaged in the business plan?

Yes, you could. The procurements are performed in compliance with the specifications in the business plan, which is part of the Agreement.
Depending on the change, you should submit a request for making changes in the equipment or material procurement, and it should be in compliance with the objectives and aimed at implementing the given business plan, and following a specifically provisioned procedure changes could be introduced in the procurement of equipment/materials.

What may I procure with the grant money?

In compliance with the Programme’s terms the grant money could be used for procuring equipment and/or materials in compliance with the specification of the approved business plan which is incorporated in the Agreement.

Is there a deadline for spending the grant money or we could use them at any time until the Agreement’s validity expires.

Yes. The deadline for spending the money will be established in cooperation with the ESC and the UNDP’s Monitoring Coordinator. Still every Programme’s participant should have in mind that the grant funds should be used as soon as possible after signing the Agreement.

Could I use the grant funds to cover the expenditures for the rent, utility services bills, working permits and licences?

No. In compliance with the programme’s terms the grant funds could be used solely for procuring equipment and/or materials.

When could I get the equipment and the materials procured through the programme?

After signing the Agreement for the grant the beneficiary could start implementing the procurement of the planned equipment and/or materials.

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