Milken Institute

Streamlining Grant Matching and Project Management

Challenge:

The Milken Institute faced several challenges in its project-related endeavors. Users had difficulty finding grants associated with specific projects and desired locations. Moreover, efficiently managing projects and their associated grants presented a significant hurdle. Recognizing the need for a streamlined solution to facilitate grant matching and project management, the institute sought the expertise of FYC Labs as their technology partner to develop a comprehensive solution.

Solution:

In response to the challenges faced by the Milken Institute, FYC Labs is collaborating with them to address the grant searching and project management issues. The end result will be a comprehensive solution in the form of a Matching Service. 

  • Strategic Consultation
  • Engineering
  • UI/UX

 

Milken Institute
Milken Institute
Milken Institute
Milken Institute
Milken Institute
Milken Institute
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The Process:

FYC Labs, as the technology partner, is collaborating closely with the Milken Institute to collect and analyze project data for the AI-based Matching Service. This service, powered by FYC Labs’ advanced algorithms, identifies grant opportunities closely aligned with project criteria. The user-centric project management platform ensures seamless communication between all stakeholders. Leveraging AI, the Matching Service streamlines grant searches by identifying matches with at least 70% compatibility. The partnership aims to foster collaboration between project sponsors and Technical Assistance (TA) providers.

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Milken Institute

“We know the FYC Labs team to be incredibly talented, highly reliable and additionally, they are a pleasure to work with. We could not think of a better partner to collaborate with on a project of this caliber.“

Milken Institute

Ongoing Project Goals:

  • Simplify Grant Searching: The Matching Service, developed by FYC Labs in collaboration with the Milken Institute, is designed to make the grant searching process more efficient and effective for users. By automating the search using AI, the platform aims to provide users with a curated list of grants that best align with their projects.
  • Improve Project Management: The project management platform, a joint effort by the Milken Institute and FYC Labs, aims to enhance the overall project management experience for users. By facilitating communication and task assignment between project sponsors and TA providers, the platform seeks to optimize project outcomes.
  • Enhance User Engagement: The platform, developed collaboratively by the Milken Institute and FYC Labs, aims to foster a vibrant and engaged community by allowing users to explore and connect with various projects and resources. The goal is to create an interactive ecosystem where knowledge exchange and collaboration thrive.
  • Empower Data-Driven Decision-making: The comprehensive reporting capabilities of the platform, a result of the Milken Institute and FYC Labs' partnership, aim to empower users with valuable data insights. By providing detailed reports on project outcomes, funding sources, and other key metrics, users can make informed decisions for their projects.

Conclusion:

As an ongoing project, the collaboration between the Milken Institute and FYC Labs holds great promise in addressing the challenges of grant searching and project management. The AI-powered Matching Service, under development, is expected to significantly reduce the time and effort required for grant searching, empowering users with more opportunities for funding.

The partnership has fostered an environment of efficient communication and resource sharing, with the project management platform aiming to lead to improved project outcomes. With access to comprehensive data reports, users are expected to be empowered to make data-driven decisions, which will further contribute to the success of their projects.

 

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