All applications must submit a detailed budget with their full application to Harit Bharat Fund.
Note that this is one of the most critical elements of your project application and will impact the evaluation of other facets of your proposed project. The budget must fully cover the costs of the project during its entire duration.
You must download the standard template, found on TerraMatch and downloadable below, fill it out, and then re-upload it to TerraMatch. We will not consider project budgets submitted in any other format.
Download the budget template for enterprises here.
See here for detailed instructions on how to fill out the Excel.
- 1st Tab: Fill out the financial numbers, as defined in Tab 4. This is a simplified version of your audited financials for easy analysis from the Harit Bharat Fund team.
- 2nd Tab: Fill out your detailed investment ask. You will break your expenses down into the following categories: Tree Growing Expenses, Working Capital (Excluding Tree Growing), Team and New Hires, Marketing, Capital Investment (Excluding Tree Growing), and Other.
- 3rd Tab: Answer the questions outlined in this tab to the best of your ability.
Project Budget Duration & Timeline:
A key element of a successful budget is aligning your cost breakdown with the expectations for Harit Bharat Fund project timelines. Projects must focus their planting in year 1 & year 2 and maintain and monitor their trees through the end of year 6. Our selection and funding process will conclude in first quarter of 2024, giving our selected projects sufficient time to prepare for the 2024 planting season.
In practical terms, we expect this budget to cover activities beginning no earlier than April 2024. All activities should conclude by December 2029, and therefore all planting activities must be completed by December 2025. The final six-month progress report will be due on January 31, 2030.
Comments
Please sign in to leave a comment.