BTFEC funded projects include Management Board Grant (MB-Grant) and Small Grant. The projects approved by the Management Board is referred to as MB-Grant, where a Grant shall not exceed Ngultrum 15 million, and the proposed implementation period of a Grant/project shall not exceed three years.
Small Grants, not exceeding Ngultrum four hundred thousand (Nu. 400,000) per grant are approved by the Secretariat. Small Grants are accepted on a rolling basis throughout the year until the maximum of six grants has been reached.
Since its inception in 1993, BTFEC has funded 172 projects, including 113 Management Board Grant (MB-Grant) and 59 small projects as of October 2016.
Figure A: BTFEC Funded projects and grant amount as of October 2016.
Figure B: Number of BTFEC Funded Projects by Fiscal year
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