Grant Disbursement Information

The 160,000 TRY JM Grant should be disbursed in two amounts. The Fellows will receive 35% upon signing their contract, and then will receive the further 65% after submitting their interim report.

The first distribution will be disbursed after the project budget and timeline has been accepted and the contract has been signed. The second of which will be disbursed after IBJ has received, read, and reviewed the JM Fellows’ interim report.

Any major changes to the project budget after it has been accepted by IBJ must be resubmitted for approval.