Funding agreements
Successful applicants must enter a Victorian Common Funding Agreement (VCFA) with the department. The VCFA outlines:
- the grant’s terms and conditions, including how grant funds can be used
- grant funding approved and matched funding requirements
- key deliverables and due dates
- that all funded activities must be completed by the date specified in the VCFA
- grant reporting requirements (progress and final reports), including photographs and a financial acquittal, with final invoices and evidence that these invoices have been paid. Department staff may also visit the sites of funded projects.
The VCFA must be signed by two authorised representatives of the organisation. The VCFA will be sent to the representatives electronically and must be signed within the specified timeframe. If the VCFA is not signed by the two authorised representatives during this period, the grant offer may be withdrawn.
Organisations will be required to submit evidence of their public liability insurance when signing their funding agreement.
Note: successful applicants may be asked to provide updated copies of documents submitted in their application.
Funding conditions
MISP grants are paid in instalments based on completing the project milestones deliverables outlined in the VCFA. Milestone payments will not be approved and processed until all requirements of the milestone are completed to the department’s satisfaction.
A note about GST
If your organisation is registered for GST, your organisation will be paid GST on top of the grant amount awarded.
If your organisation is not registered for GST, your organisation will receive just the grant amount awarded. GST will not be added on top. Organisations that are not registered for GST can use grant funds to cover the cost of GST from goods and services purchased with the department’s grant funds.
Acknowledging the Victorian Government’s support
Successful organisations must acknowledge the Victorian Government’s support of the project. Promotional guidelines form part of the VCFA. They include the requirement that all activities acknowledge Victorian Government support through logo presentation on any activity-related:
- publications
- media releases
- social media
- promotional material.
| MISP grant recipients will be published on the MISP website. The website will list the organisation’s name and key project details such as project name, project description, and grant amount. |
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