The year closed June 30. Due to the ebb and flow of research funding, the money Board members appropriate in a given fiscal year is not necessarily spent at that year's closing. Not all proposals received are funded.
Independent experts review proposals as do the staff and technical advisory committees.
Projects then go to the FIPR Board of Directors where evaluations are considered, proposal merits are discussed and a final funding decision is made. Some are rejected, some refined, some funded. FIPR is always seeking quality research proposals, and staff members welcome the chance to talk over the merits of a concept before a formal proposal is made.