Counting the pennies: how the FHS research finance team ensures funding keeps flowing
Funding is the lifeblood of research. Without it, researchers would be unable to achieve the groundbreaking discoveries UCT is known for. Mismanagement of research funds, especially from international funders with strict policies, can have serious consequences for both individual researchers and institutions. Fortunately, UCT’s Faculty of Health Sciences (FHS) has an experienced research finance team that supports researchers through every step, from pre-award to post-award and project close-out. This ensures UCT maintains good standing with funders, making it easier for researchers to secure future grants.
FHS is the only faculty that separates the management and support of pre-awards and post-awards within the finance team. The team is broken up into two distinct hubs, one of which supports the on-campus research groups and the other supports those operating from the academic hospitals.