In the dynamic world of Innovation and R&D, the ability to track and manage grant-funded projects in real-time is a critical skill. This is especially true when it comes to meeting tight technical, financial, and labour allocation reporting requirements.
Grant-funded projects often come with a unique set of challenges, including strict budget constraints, rigorous reporting requirements, and the need for precise labor allocation. These projects require a level of oversight and management that can be daunting, but with the right strategies and tools, it is possible to effectively manage these projects in real-time.
ReaDI-Watch Platform and Grant-Funded RD&I Projects
This article aims to provide a guide on how to navigate the complexities of managing grant-funded projects, using the ReaDI-Watch Platform.
We will focus on optimizing real-time project management, focusing on how to meet reporting requirements for the following criteria:
- Technical or Technological Progress Reporting
- Financial Tracking & Reporting
- Labour Allocation (Timesheet) Tracking & Reporting
- Commercial Progress Reporting
ReaDI-Watch has been used to manage and track a range of Innovation and R&D grant funded projects across Ireland, the UK and Canada. Some of the funding programmes / organisations our customers have tapped into and managed in real-time include:
Ireland
- Enterprise Ireland RD&I Fund
- Disruptive Technologies Innovation Fund
- Agile Innovation Fund
UK
- Funded programmes through UKRI (InnovateUK)
Europe
- European Innovation Council (EIC) Accelerator
- EIT Digital
- EIT Health
Canada
- Mitacs
- IRAP
Though the eligibility requirements, specific templates & types of activity funded differ across these organisations and grant funding programmes, ReaDI-Watch offers a balance of structure and flexibility, to meet requirements across these grant funding supports.