Foundations typically use several criteria to evaluate grant proposals:
- Scientific Merit: The potential for the project to advance knowledge in nanotechnology. - Innovation: The novelty and potential impact of the research. - Feasibility: The practicality of the proposed methodology and the likelihood of achieving the stated objectives. - Budget Justification: How well the budget aligns with the project's needs and objectives. - Societal Impact: The potential for the research to benefit society, whether through healthcare advancements, environmental sustainability, or other means.