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Types of grants

Our provisional incentive framework consists of a number of grant and funding elements that include Incentive Grants, Scholarship Grants and Data Infrastructure.

The incentive framework has the following elements:
  1. Incentive grants are based on an agreed research proposal and take the form of a payment for a completed and accepted research paper. Acceptance follows peer review in terms of meeting the requirements of the proposed work.. Payment can be in more than one tranche, and can be used flexibly by the researcher to finance own taxable income or research expenses or assistants  in line with the financial rules and requirements of the researcher's home institution.
  2. Scholarship grants are available primarily in the form of top-ups for master's and doctoral students working in a team with a researcher-supervisor and producing at least one paper for master's students and at least two for doctoral students. For smaller centres, a limited number of scholarships with a higher value are available to help finance full-time PhDs. All scholarships will be administered through the relevant university financial aid offices.
  3. Team/cluster grants. These grants build on the individual incentive grants, but are characterised by a minimum of four papers produced by at least three different researchers working in a team under leadership of a ‘team principal investigator’. On the basis of substantial and demonstrable value-added activities, team grants will receive a 20% premium on top of the per-paper grant amount. Proposals for team grants should specify these value-added activities and/or services. They would be expected to include:
  • leadership by (for example) a centre/team principal who will organise, activate and steer the team towards a set of outputs that clearly address REDI3x3-identified knowledge gaps;
  • synergies between researchers and research papers (and/or scale economies);
  • team-based capacity building relevant to REDI3x3 knowledge gaps; and, 
  • workshops or similar activities that directly enrich the REDI3x3-related work of the team, e.g. with policy makers or other experts. (If necessary, separate funding requests for these activities may be considered.) 
    [Further information on the team grants is provided below.]
  • Special projects: Data infrastructure grants refer to a basic research resource created for use by the research community. A limited number of data projects wll be funded in order to broaden the data available to researchers on unemployment and employment, income distribution and distributional aspects of growth by improving current databases or generating new databases in key areas.
  • Please note: Our grants do not fund research expenses. We incentivise researchers and research teams to work on project-related topics.
    While the above are the main funding mechanisms, consideration will be given to alternative arrangements for projects with a unique scope and character, or where good circumstances warrant special provisions.
    As this project does not cover research expenses, researchers are encouraged to source other funding to cover such expenses. However, duplication of funding through similar or overlapping incentive awards for the same paper will not be supported.
    Contracts for working papers will stipulate a clear expectation about the conversion of these papers, once completed, into articles for Econ3x3.