Application Process
Step 5: Exit
Everything has an end: transparency, fairness, partnership, sustainability and trust are fundamentally important to us in our support and collaboration. Every project involves a lot of passion, commitment and hard work. Project work often leads to close personal relationships - after all, project funding in the area of personal development is a "people business".
That's why - even before funding starts – applicants must be clear about when and how their project with the KSG will end:
- In the case of initial funding, up to three years of funding - in exceptional cases up to five years - can be applied for. After that, it is possible to apply for follow-up funding, but this is not automatically guaranteed.
- Our project managers have an advisory role in the approval process and in the exit process, not a decision-making role.
- Project funding and possible extensions of project funding are decided by our Executive Board.
- In the case of larger projects, our Board of Trustees is also involved in the decision-making process.
- A funding commitment relates to the clearly defined period. It does not constitute a claim to subsequent funding.
We do not provide funding indefinitely:
Even if follow-up funding is approved, our exit strategy provides for an exit from the projects after a maximum of 10 years.
Funding recipients are requested to examine all options for continuing the project in good time (i.e. independent continuation by the funding recipient, change of funding partner (public sector or other foundations), spin-off into a separate company).