**Changes to Grant Law: What You Need to Know**
The government of Georgia is proposing significant changes to the country’s grant law. These amendments aim to make it easier for organizations and individuals to receive international assistance, while also strengthening the existing regulations.
**Grant Funding Expanded**
One of the key changes is the expansion of sectors eligible for grant funding. Defense and security are now included in the list, alongside other areas such as education, healthcare, and infrastructure. This means that more organizations and projects can access foreign funding to support their work.
**New Donors Welcome**
The revised law also expands the list of international donors who can provide grants. Any organization, not just governments or certain international bodies, will be considered a legitimate donor. This is designed to make it easier for Georgian entities to collaborate with other organizations and receive the assistance they need.
**Simplified Process**
To make the grant process smoother, the proposed amendments eliminate the need for government approval for certain types of grants. Specifically, funds provided through the European Union’s research and innovation program “Horizon Europe” and its “Erasmus+” program will no longer require Georgian government clearance. This change is expected to reduce bureaucracy and speed up the delivery of assistance.
**More Transparency and Oversight**
The updated law also increases transparency and oversight in the grant process. The Anti-Corruption Bureau will be responsible for monitoring and investigating any unauthorized grant issuance or receipt. This ensures that grants are issued fairly and in accordance with the law, minimizing the risk of misuse.
These changes to the Law on Grants aim to make it easier for Georgian organizations to access international funding while maintaining a robust regulatory framework. The proposed amendments will be presented to Parliament today for discussion and debate.
Read More @ www.interpressnews.ge
