The Grant Letter of Intent Template is a crucial preliminary document used in Singapore's grant-making process. It serves as a formal expression of interest to provide funding while not creating a binding commitment. This document is typically used before finalizing a full grant agreement, allowing both parties to outline key terms and expectations. The template includes essential elements such as grant purpose, amount, timeline, and basic conditions, while ensuring compliance with Singapore's legal framework. Organizations use this document to establish clear communication and set expectations before proceeding with the formal grant process.
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1. Sender and Recipient Details: Full legal names, addresses, and contact information of both the grantor and grantee
2. Purpose Statement: Clear statement of intent to provide the grant, including its primary objectives and intended use
3. Grant Amount: Specific amount and currency of the proposed grant, including any conditions precedent
4. Key Terms and Conditions: Principal conditions for the grant, including basic requirements and expectations
5. Timeline: Proposed timeline for grant approval process and expected disbursement schedule
1. Due Diligence Requirements: Specific documentation or verification requirements needed before formal grant agreement
2. Milestone Payments: Structure and conditions for phased disbursement of grant funds
3. Reporting Requirements: Specifications for progress reporting, financial accounting, and outcome measurements
4. Intellectual Property Rights: Terms regarding ownership and usage rights for any IP created using grant funds
5. Confidentiality Provisions: Terms regarding the handling of confidential information exchanged during the grant process
1. Grant Program Overview: Detailed description of the grant program, including objectives, scope, and evaluation criteria
2. Required Documentation List: Comprehensive list of documents needed for formal grant application
3. Budget Template: Standardized format for submission of proposed budget and financial planning
4. Compliance Requirements: Detailed outline of compliance obligations, reporting requirements, and regulatory considerations
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