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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).

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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.

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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.