See an example costing here Unicef Innovation Fund
@rabble "We probably put 20 to 30 hours in to it, and really really really cut corners. They wanted a ton of info and to do it really right would have required maybe 5 to 10 times more effort."
With the proposed budget this would have been
30 USD * 30 (hours) = 900USD
Interestingly to do it properly rabble has suggested it would take between 5-10* more effort ( 4500 to 9000 USD) to do this properly...
This would be about 9% of the 100k USD which is speculatively being bid for...In this world of grant writing I have understood that it is not uncommon for organisations to be spending 20-30% of their incoming searching/applying for grants...
mu is currently comparing the Blockchains for Social Good grant to previous successful grants they have made to EU. We'll have a better understanding of estimated requirements for the Prize then...