Your local institute is funded by the CII on an annual basis via an ordinary grant, paid in two tranches – the first in January and the second in July / August.
This Ordinary grant is paid in accordance with Article 6 of the CII’s Charter which states:
Terms of grant provision: Each institute must meet specific reporting and audit requirements set out across Network Know-How to ensure sufficient financial controls are in place to safeguard CII grant income and ensure expenditure meets specific grant requirements.
Please note for 2021 local institutes have been asked to consider an alternative funding proposal due to the ongoing pandemic.
More information can be found here.