Research Funding refers to financial support that researchers and institutions receive to conduct their studies and projects. This money typically comes from various sources like government agencies, private organizations, or charitable foundations. When candidates mention research funding on their resumes, they're usually highlighting their ability to secure money for projects, manage budgets, or help write successful grant proposals. This is a crucial skill in academic and research settings because institutions rely heavily on external funding to carry out their work. Similar terms you might see include "grant writing," "sponsored research," or "external funding."
Secured $2M in Research Funding through competitive grant applications
Managed Research Funding portfolio worth $5M across multiple departments
Assisted faculty in preparing Research Grant proposals with 75% success rate
Administered Research Funding budgets and compliance for NIH-funded projects
Typical job title: "Research Administrators"
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Q: How would you develop a strategy to increase research funding success rates across an institution?
Expected Answer: A strong answer should discuss methods for identifying funding opportunities, mentoring researchers, building relationships with funding agencies, implementing proposal review processes, and using data analytics to track and improve success rates.
Q: How do you handle complex compliance issues in multi-million dollar research grants?
Expected Answer: Should demonstrate knowledge of federal and institutional regulations, experience with audit preparation, budget management across multiple funding sources, and ability to develop compliance monitoring systems.
Q: What's your process for reviewing and submitting grant proposals?
Expected Answer: Should explain their system for checking budgets, ensuring compliance with funder requirements, coordinating with researchers, meeting deadlines, and quality control measures.
Q: How do you track and manage multiple grant deadlines and requirements?
Expected Answer: Should describe experience with grant management systems, deadline tracking tools, communication with research teams, and methods for ensuring all application components are complete.
Q: What are the basic components of a research grant proposal?
Expected Answer: Should identify key elements like project summary, research plan, budget, timeline, and required institutional information.
Q: How do you maintain organized records of grant submissions and awards?
Expected Answer: Should discuss basic filing systems, database usage, and standard documentation practices for tracking proposals and awards.