Grants Management

Grants management involves the processes, systems, and controls organizations use to apply for, receive, track, and report on funding from government agencies, foundations, or other sources. For enterprises deploying AI systems, grants management matters because many organizations seek public funding to develop or implement AI responsibly, and funders increasingly impose compliance, transparency, and ethical requirements as conditions of the award. Proper governance here ensures the organization meets funder obligations around data governance, bias testing, and oversight mechanisms, while avoiding compliance gaps that could trigger audit findings or require repayment of funds.

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