The Islamic Research and
Training Institute (IRTI) of
the Islamic Development Bank (IsDB) Group has launched the Smart Economy Grants
Program for projects involving the application of emerging technologies to spur
knowledge-driven economic transformation.
This Program aims at knowledge-driven economic transformation and involves an initial grant that is expected to act as a catalyst, signal new funding opportunities and empower innovation and development. This will support smart, sustainable and inclusive growth fueled by knowledge intensive activities.
Funding Information
Smart Economy grants of up to USD10,000 (US Dollars
Ten Thousand) each will be provided.
Eligibility Criteria
·
You must be an adult, at least 18 years old and legally able to
enter into an agreement.
·
You shall not apply under this Program if there are legal
restrictions in your country of residence or domicile for entering into an
agreement with its terms and conditions or receiving a Grant. It is your sole
responsibility to ensure that your participation in the Program is not
prohibited by any applicable law, regulation or rule in your country of
residence or domicile.
·
You will, subject to all AML/CFT requirements, be awarded a cash
Grant, the quantum and terms of which shall be determined by IRTI. Applicants
are required to provide further personal information, including bank account
information of an approved bank to be eligible to receive a cash Grant.
Applicants shall be responsible for bearing all costs, bank fees and taxes in
connection with the receipt of any cash Grant.
·
IRTI may require you to furnish such documents and personal
information so as to prove your identity, status and/or eligibility for the
Program. IRTI reserves the right to reject your application or eligibility for
a Grant if you are unable to furnish such documents or information to IRTI’s
satisfaction.
·
IRTI shall have the unfettered right to disqualify any
application, change the nature of any Grant and/or require the termination or
refund of any Grant to IRTI if an applicant does not comply with the terms and
conditions, in the event of any illegality or if mandatory compliance with any
applicable law is required.
·
Employees of the IsDB Group are not eligible to apply for the
Program.
Post Date - 09-Oct-2020