Budgets

• A smaller grant is ALWAYS easier to get than larger

  • example: There is a myth that DARPA budgets should be large -- this is false (and a bad strategy)

    • remember selectable _ funded!

• Don’t ask for more than you can realistically spend

  • A key new issue: expenditure rates!

    • Years don’t have to be equal

      • example: if you can’t hire all students immediately, ask for less year one

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