Page 200 - 2022-23RFGMS

Elements of Successful Scholarships

Global grants support graduate-level scholarships for professionals interested in pursuing careers in
community economic development. TRF considers the following when evaluating global grant scholarship
applications:

1. The applicant’s previous work experience in the field of community economic development.
Applicants are expected to demonstrate how their work contributed to the economic well-being of
poor, low-income, or underserved communities at the local, regional, or national level.
2. The academic program’s alignment with community economic development

a. Examples include social science degrees with a focus on community economic development
and business degrees tailored to social business, micro-entrepreneurship, or microcredit
b. Programs that will be favorably considered include those that:

i. Emphasize local, regional, or national economic development strategies
ii. Focus on addressing economic issues of poor, low-income, and underserved
communities

iii. Support social business development, such as a specialized track within a master of
business administration program

iv. Provide a business degree to teach entrepreneurial skills or support startups at the
local, regional, or national level
v. Include “community development” in the name of the program or specialized track

vi. Improve the coaching or advising capability of an individual working with small
businesses or entrepreneurs
vii. Focus on strategies to address environmental issues that affect poor, low-income, and
underserved communities, such as resource management, environmental and
conservation studies, resilience planning, and preparedness

viii. Use urban planning principles to guide economic development strategies
c. Programs that will not be favorably considered include those that:

i. Focus on purely theoretical, macro-level economics, politics, or finance
ii. Support general private business development, such as a master of business
administration for professions unrelated to social enterprise

3. The applicant’s career plans as they relate to community economic development

a. Careers that will be considered favorably include those that:
i. Improve the economic and social well-being of poor, low- income, and underserved
communities at the local, regional, and national level

ii. Are in a nonprofit or social enterprise environment
iii. Support advocacy for economic and social well-being (e.g. for poor communities,
youth, women, indigenous peoples, refugees, and other underserved populations)

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2022-23 RFGMS 扶輪基金獎助金管理研習會