7 F INANCIAL PLAN AND BUDGET
7.1 T
HE FINANCIAL REFERENCE PERIODlead to access to structural funds such as the European Development Fund, the African Development Bank, the Development Bank of Southern Africa, etc.
Philanthropic Organisations/Donors
Grants These organisations are
known to invest in research and research infrastructure and include entities such as the Wellcome Trust, the Bill and Melinda Gates
Foundation, the Rockefeller Foundation, Howard Hughes Foundation, etc.
Not a viable option for SAPRI. However, once the SAPRI is established, these possibilities linked to the UN Decade of the Ocean could be explored.
Industry and Multi-nationals Industry and multi-nationals may fund specific
components of a RI that are either dedicated to their needs or open, but placed at the RI to develop certain capabilities, capacity and skills.
At this stage, no funding has been requested from the private industry.
However, this may be an option to explore once the SAPRI has been
established.
Loans/Debt Funding With the restriction on government funds, more and more RIs will have to be funded on loan capital, especially those that can show a good surplus that can be used to service the loan
Not a viable option for the SAPRI.
In-kind Contributors An in-kind contribution can consist either of the direct provision of a tangible asset to the infrastructure or of expenditure incurred directly by the contributor, which benefits the RI.
Through the detailed and extensive engagement which has taken place with institutions to establish the SAPRI proposal, much in-kind infrastructures have been discussed in service of the SAPRI. These include, but are not limited to, SMCRI
(PEI Infrastructure), DEFF, SOCCO, UCT, UJ, etc.
Additionally, UCT has submitted a request for funding to the DHET for building the Polar Lab under the Infrastructure Funding Category Focus Area “National Academic Priorities”
7.2.2 Revenue generated during operation Table 18 Revenue generated during SAPRI operations
Type of operational revenue Characteristics of this revenue Indicate how this RI will earn this type of revenue
Government Baseline Funding
Grant A baseline funding grant is
planned as part of the RI sustainability and kicks in once the RI has been commissioned.
It will also cover further concept design and technical design activities in the early set-up phase. Where more than one government
department has an interest in the RI more than one baseline grant may be possible.
This proposal is a detailed motivation for continuous baseline funding over a 15yr period from the Department of Science and Innovation (DSI) through the South African Research Infrastructure Roadmap (SARIR)
Services Rendered The services that the RI will be offering have been discussed under the business
justification. These services have revenue potential and can be charged for with various price options over the user base as described in the stakeholder analysis and in the access governance.
SAPRI is not designed to be a commercial entity. However, through the Polar Lab and lab analysis of samples, services may be rendered for
commercial benefit to the consortium partners of SAPRI.
Direct Sales of Products The products that RI will be
offering have been discussed SAPRI is not designed to be a commercial entity. However,
under the business
justification. These products have revenue potential and can be charged for with various price options over the user base as described in the stakeholder analysis and in the access governance.
the development of in situ sensors may result in a commercial benefit to the consortium partners of SAPRI.
Memberships In some cases, income from memberships is possible.
These memberships normally include certain benefits such as a limited number of services or products or free access to research outcomes.
Membership fees are good to boost cash flow since payment is upfront.
Not a viable option for the SAPRI.
Partnerships Partnerships refer to contributions made by long- term research partners that contribute to the running of the RI.
These include the provision of already existing infrastructure for use in the SAPRI,
consumables, laboratory space, container labs, personnel able to transfer skills, and other various types of in-kind contributions.
Project Grants Project Grant income is a major source of income during operation. This covers a broad field of grants, including research grants, framework grants, etc.
PI’s in their various disciplines will apply for research grants supporting their science undertaken through the SAPRI.
This is an indirect income as it supports the PI and research costs (consumables, services, etc.), and may thus support the SAPRI.
Other NRF SANAP-Science and
SANAP Ships time budgets Many of the current long-term monitoring and research projects within the polar science landscape are funded through the NRF SANAP- Science and ship time budgets.
Some of these funding will benefit the SAPRI running costs into the future and the exact portion year on year will depend on the projects supported. Ship time covered by NRF SANAP is related to research cruises - again dependent year on year. The funding for the DPS IF, which integrates ALSA and the SEAmester program, will also come from this source.