Reports are required to be submitted three times a year, in January, May and December.
The named manager and leader are the participants in the programme and the grant cannot be transferred, The Rank Foundation will request a return of unspent funds and the proportion of the grant allocated for the leader’s role.
As a member of RankNet, each leader will be eligible to apply for up to £1000 in additional funding for training opportunities available through RankNet (subject to availability).
The travel allowance is calculated by Rank as a contribution towards travel and subsistence to the statutory programme events; the launch and review conference for T2S leaders and managers, action learning and annual conference for the T2S leaders.
The £2000 is incorporated within the Time 2 Shine grant and can be used for any additional costs relating to the placement this could be NI/pension/other costs.
The foundation establishes the final grant award and once the contract is signed, allocates 60% of the funding. The final 40% of the funds are allocated after the review point (July).