Specific targets for measuring these outcomes will be negotiated with the successful applicant(s) as part of their grant agreement. Eligible use of funding Grant funding must be used to develop and support business infrastructure related to the delivery of loans and small business support to financially excluded individuals, as well as associated financial and business literacy education. Applicants must submit a proposed budget using the Budget Template (at Attachment A). The grant may be used for: staff salaries and on-costs which can be directly attributed to the provision of services in the identified service area or areas as per the grant agreement employee training for paid and unpaid staff delivering Activities that are relevant, appropriate and in line with Activity objectives interpreting services to assist clients to access Activities, and operating and administration expenses directly related to the delivery of services, such as: telephones rent and outgoings computer / Information Technology/ website/ software insurance utilities postage stationery and printing accounting and auditing domestic travel/accommodation costs, and assets as defined in the Terms and Conditions that can be reasonably attributed to meeting agreement deliverables. Ineligible use of funding Service providers delivering services may NOT use funding for: loan capital purchase of land funding to retrospective costs costs incurred in the preparation of a funding application or related documentation; major construction/capital works seed funding or establishment grants for peak bodies or other new organisations (legal entities) overseas travel, or activities for which other Commonwealth, state, territory or local government bodies have primary responsibility.
Specific targets for measuring these outcomes will be negotiated with the successful applicant(s) as part of their grant agreement. Eligible use of funding Grant funding must be used to develop and support business infrastructure related to the delivery of loans and small business support to financially excluded individuals, as well as associated financial and business literacy education. Applicants must submit a proposed budget using the Budget Template (at Attachment A). The grant may be used for: staff salaries and on-costs which can be directly attributed to the provision of services in the identified service area or areas as per the grant agreement employee training for paid and unpaid staff delivering Activities that are relevant, appropriate and in line with Activity objectives interpreting services to assist clients to access Activities, and operating and administration expenses directly related to the delivery of services, such as: telephones rent and outgoings computer / Information Technology/ website/ software insurance utilities postage stationery and printing accounting and auditing domestic travel/accommodation costs, and assets as defined in the Terms and Conditions that can be reasonably attributed to meeting agreement deliverables. Ineligible use of funding Service providers delivering services may NOT use funding for: loan capital purchase of land funding to retrospective costs costs incurred in the preparation of a funding application or related documentation; major construction/capital works seed funding or establishment grants for peak bodies or other new organisations (legal entities) overseas travel, or activities for which other Commonwealth, state, territory or local government bodies have primary responsibility.
cdfi-funding-round-summary.docx