After Approval

Within 1 to 2 months a funding contract will be signed.
Your project begins within 6 months.

• Reports must be compliant with the application for the next instalment of the grant to be paid.
• Reporting includes scientific and financial interim reports and final reports, respectively. Two years after the end of the project, the foundation will request an evaluation report.
• Changes in the project plan or budget must be approved by the foundation in advance.
• Templates for reports are available under Downloads.

• The project must have its own account within the PI’s university or organization.
• A maximum amount in CHF is confirmed in the funding contract.
• The grant is paid out in several instalments.
• Reports must be compliant with the application for the next instalment of the grant to be paid.
• Changes in the project plan or budget must be approved by the foundation in advance.
• 10% of the grant or a minimum of CHF 20,000 will be withheld until the final reports are approved.
• For more details, check the funding agreement.

• Remains with applicant.
• There are no consequences in the case of open use.
• In the case of commercial use, repayment of the grant after cost deduction is possible.

• The PI provides pictures that the foundation can use for its own communication and are free of third-party rights.
• The foundation must be referred to as “Velux Stiftung”.
• For logo and acknowledgment regulation, see Downloads.

• Only Swiss law is applicable.
• Only courts of Zurich are applicable.