Guidelines for Veré's R&D Fund

• The purpose of the fund is to provide financial support to members of the professional network for orthopaedics so that they can pursue professional development that can contribute to raising the profession of orthopedic engineering.
• The members of the professional network can apply to the fund for financial support for:
  • expenses in connection with academically relevant teacher education, subsistence expenses are not covered
  • Experimental and development projects
  • Research projects
  • Poster Grant
  • Travel grants for international conferences
  • The Fund's Board of Directors may deviate from these points if other purposes are found in line with the Fund's objective.
• The fund can be used to operate the network's conferences, as well as, if necessary, the professional committee's participation and participation in joint conferences in collaboration with others, including the Nordic prosthetist associations and NOiF.

• The fund's board is chaired by Heidi Andersen together with two members from the orthopaedics professional group and two members from the professional ethics council – a total of five members on the board.
• The capital is managed in accordance with the guidelines for asset management adopted by the Executive Board of NITO.
• The fund's income consists of a return on the fund's assets and a profit from the annual professional conference of the professional network for orthopaedics (formerly the Autumn Conference). If a professional conference is at a loss, this deficit is deducted from the fund's capital.
• The Fund's Board of Directors decides how much of the Fund's income is to be distributed each year. The Fund's Board of Directors decides whether funds are to be distributed in excess of the Fund's income.
• The Fund's Board of Directors may choose not to use the Fund's income for periods, either due to a lack of relevant applications, or to strengthen the Fund's capital. f) Distribution of financial resources takes place twice a year, on 1 June and 1 December respectively. The support is paid in arrears against submitted original receipts and approved accounts for the measure.
• The fund's board presents the annual accounts and annual report to the annual meeting of the professional network for orthopaedics

Amendments to the guidelines may be made by NITO's Executive Board on the recommendation of the Fund's Board.