Distribution of funds

Distribution of funds

All funds in the Foundation are managed centrally. From the dividend, 37.5% belongs to each of the funds, from which teachers and researchers at Hanken can apply for grants. The remainder, i.e. 62.5%, is allocated by the Foundation’s Board. The budget is prepared by the Ombudsman with the assistance of Hanken staff and the Rector.Information concerning the different funds is available on the Hanken website: http://www.hanken.fi/en/research/research-funding/funds-hanken. When necessary, the School’s scholarship liaison provides additional information about the application, for instance their design, etc.The Foundation’s mission is to support Hanken and to contribute to the funding of strategic initiatives. The utilisation of funding is made within the framework of the budget and requests regarding funds not attached to foundations should be directed to the Rector.