With a project grant, organisations can receive financial support for innovative, sustainable or social projects. Project grants are provided by governments, foundations and European institutions, among others, and help organisations achieve their ambitions.
Project grants can be used for, among other things:
Project grants are almost always subject to specific conditions. Organisations must be able to demonstrate that grant funds have been spent lawfully and that the grant accountability complies with the applicable requirements. Depending on the grant scheme, a grant audit or auditor’s report may be required.
VHM Grant Audit supports organisations in the audit of project grants, institutional grants and other similar audits, reviews or related engagements. In this way, we provide assurance to grant providers and help organisations comply with all accountability requirements.The European Union encourages organisations to invest in innovation, sustainability, digitalisation, research and social development. To support these efforts, various grant schemes are available that provide financial support for projects with a positive impact.
An institutional grant is a grant awarded to support the ongoing activities of an organisation, often foundations and associations. Unlike a project grant, which is intended for a specific project or initiative, an institutional grant contributes to the organisation as a whole, enabling it to achieve its objectives over a longer period of time.
Municipal and provincial grants support organisations, associations and institutions in projects that contribute to regional, social or economic development. These grants are intended to stimulate initiatives that align with the objectives of a municipality or province, such as sustainability, liveability, innovation, culture, sports and social development.