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Boundless supports different grant structures. The type determines how funds are released (e.g., in one lump sum or per milestone).

Common types

Funding is split into milestones. You complete each milestone, submit for review, and receive that portion of the grant when approved. Most common for project-based work.
A single payout after the full scope is delivered and approved. Good for smaller or well-defined projects.
Grants that repeat (e.g., monthly or per cohort) or that fund multiple recipients under one program. Details depend on the specific grant program.

Choosing a structure

  • Use milestone-based when the project has clear phases and you want to reduce risk for both sides.
  • Use one-time when the deliverable is small and can be reviewed once.
  • Program-specific types are described in each grant program.

Splitting a grant across winners

When a program funds more than one recipient, the budget is split across positions: 1st, 2nd, 3rd, and so on. Each position gets a set share, and the shares add up to 100%. Every position is then paid out one milestone at a time.
Grant budget split across positions 1, 2, and 3 by percentage

A program's budget is split across winning positions, and each position is paid milestone by milestone.