Bangladesh - Apply for PRL and Lump Grant Approval

Advertisement

Procedure

Apply In Person

1. To Apply for PRL and Lump Grant Approval, the applicant has to approach the relevant funding agency or organization that provides grants.
2. The applicant has to submit a written application form to the concerned agency.
3. The applicant has to fill in all the required details that are mentioned in the “Required Documents” section of this page.
4. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
5. There is no fee for this process.
6. Submit all the documents with the completed form to the concerned agency.
7. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
8. Once the process gets completed, the respective agency will verify the application, the verification process may involve a panel of experts evaluating the applicant's proposal based on its feasibility, originality, and potential impact.
9. Once the application is approved, the applicant will get a call or massage.
10. The applicant has to visit the concerned agency and instructions will be given to proceed with the grant disbursement process.
11. This entire process can be completed within 30-40 days or a timeline given by the respective officer.

Advertisement

Required Documents

• Written application form
• Name
• Contact details
• ID proof
• Curriculum vitae
• Letters of recommendation
• Bank details
• Details of project
• Any other documents (if required)

Office Locations & Contacts

Please list down the office locations that can be approached for application. External links can also be used for specifying office locations.

Eligibility

• The applicant must be a citizen of Bangladesh and must have a valid national ID.
• The applicant must have a clear business plan and a feasible project proposal.
• The project must have a significant research and development component.
• The applicant must have a minimum equity contribution of 10% of the project cost.

Fees

• There is no fee for this process.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 30-40 days or a timeline given by the respective officer

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must give complete details in a written application form before submitting.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name
• Contact address
• Age
• Nationality
• Email
• Qualification details
• Contact number
• Project details
• Date
• Signature

Need for the Document

• PRL stands for Performance Research Loan, which is a type of loan offered by the Bangladesh Bank to support research and development activities. On the other hand, a lump grant is a one-time payment given to an individual or an organization for a specific purpose.

Information which might help

• Research and Development: PRL can be used to support research and development activities that have the potential to enhance productivity, competitiveness, and innovation in different sectors.
• Technology up gradation: PRL can be used to upgrade or modernize technology, equipment, or processes that can improve the quality of goods and services and increase efficiency.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.