biolargo water - Edmonton

Academic Grant Policy

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Indirect/overhead costs are a necessary part of an organization’s operations and that the organization will be compensated for this overhead as part of a contribution agreement. The objective of this policy is to inform Universities and Colleges on how BioLargo Water will contribute towards their indirect/overhead costs when they enter into a contribution agreement. The policy provides direction to determine which costs are eligible for compensation. It aims to ensure uniformity of application in order to be fair to all organizations.

It is the policy of BioLargo Water to ensure that a contribution towards an organization’s indirect/overhead costs are part of any research agreement for the period covered by their contribution agreement. 

For non-Tri-agency grants, a maximum fixed overhead compensation rate of 20%, applicable to BioLargo Water's contribution toward the direct program/project costs eligible for the application of the overhead compensation rate OR the University's/College's stated policy overhead compensation rate, whichever is lower.

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For Tri-Agency grants (i.e., SSHRC, NSERC, and CIHR). It is recognized that the Canadian federal government directly supports the indirect costs of research funded by the National Granting Councils (Tri-Agencies) and Networks of Centres of Excellence (NCE) through the federal Research Support Fund grant. Canadian universities receive an annual grant to contribute towards their indirect costs of research based on the average level of funding over the previous three years from those sources (averaging 22-25% of total funding). Under this program, it is deemed that the University/College already receives overhead. Therefore, for eligible Tri-agency grants covered by the Research Support Fund, the overhead rate on BioLargo Water's contributions shall be 0%. Indirect costs should not be included in individual grant applications to the Tri-Agencies programs that are covered under the Research support fund.