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Fundraising and grant writing as a special financial mechanism of scientific projects international support

Author

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  • Inna Demuz

    (Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University)

Abstract

The subject of the study is fundraising and grant writing technologies. The purpose of the study is to characterize the status of international grant financing of science in Ukraine in the context of fundraising and grant writing technologies. Methods of the study: generalization, analysis and synthesis, descriptive, statistical. Results and conclusions of work. The article analyzes the distribution of total expenditures for scientific and research work conducting by Ukrainian researchers based on funding sources. At the same time, a tendency was observed regarding the growth of the amount of financing the scientific and research works at the expense of foreign sources, i.e. grants. The emphasis was placed on the active participation of scientists in the implementation of various international project proposals in the context of significant underfinancing of domestic science. The following technologies and mechanisms for drawing up grant applications, search of international donors, qualitative accompaniment of scientific projects such as project management, fundraising, grant writing, crowdfunding are described. It has been established that grant funding can also be provided within the framework of international technical assistance. It is proved that Ukraine's attraction to the global «grant space» through special financial mechanisms of fundraising and grant writing will contribute to the increase of extrabudgetary revenues to finance research and improvement of material and technical support of certain institutions and organizations, as well as to develop scientific potential, more rational organization of scientific and research achievements, developed system of commercialization of scientific results. In particular, the focus is on the principles of fundraising and grant writing, requirements for professional fundraisers (fundraising managers), grant writers, their qualifications and personalities. We offer peculiarities of training specialists in fundraising and granting through the system of special courses, trainings, seminars, educational institutions, methodologies and educational literature. It is found out that such measures do not guarantee the comprehensiveness and resolution of issues related to high-quality specialists training, as technologies permitted in Ukraine nowadays not in full measure provide an effective public assistance tool due to lack of researches and developments in this area. One of the prospects for fundraising and grant writing development in Ukraine is the need to organize the education of relevant specialists at the university level.

Suggested Citation

  • Inna Demuz, 2019. "Fundraising and grant writing as a special financial mechanism of scientific projects international support," University Economic Bulletin, Hryhorii Skovoroda University in Pereiaslav, Faculty of Financial, Economic and Vocational Education, issue 43, pages 12-20, November.
  • Handle: RePEc:aff:colart:y:2019:i:43:p:12-20
    DOI: https://doi.org/10.31470/2306-546X-2019-43-12-20
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