The maximum duration supportable for a project will be three years. 3.2 Qualifying cost is defined as the additional cost required to undertake the project. It excludes in-kind contribution from the industry, existing equipment and building costs, and existing manpower. Existing manpower includes academic as well as non-academic staff who are supported by other projects, programmes or funding sources. There are three components to the qualifying costs , these are EOM, OOE and Equipment.
Equipment refers to the capital resources required by the project.
These include computers, software, development tools, machinery, laboratory apparatus, and specialised equipment. The date, venue and format of the project presentation will be communicated with the respective Office of Research at the appropriate time. Further clarifications with the PIs and team members may also be required. Upon approval by NSTB, the letter of offer will be sent to the respective Office of Research and copied to the Principal Investigator. Written acceptance of the terms and conditions by the Office of Research should be NSTB within 14 calendar days from the date of the offer letter.