What is the AECF’s recommended Ratio between Grants and Repayable Grants?
The AECF is looking for leverage but does not stipulate any particular ratio. In general, however, the less risky a project, the more it should be able to bear the burden of repayment – that is, to have a higher repayable element. Conversely, very innovative, higher risk projects might prudently reduce their leverage. All other things being equal, projects with a higher proportion of repayable grants will be assessed more positively, provided they score well on the selection criteria outlined on the “Proposal Process”. This consideration should be seen more as a tie-breaker than a crucial criterion. It is for you to decide how much risk you can take.
