Glossary entry

Spanish term or phrase:

fondos concursales

English translation:

competitive grants (UK/US); discretionary grants (US)

Added to glossary by Carol Gullidge
Oct 7, 2011 15:23
12 yrs ago
8 viewers *
Spanish term

fondos concursales

Spanish to English Bus/Financial Certificates, Diplomas, Licenses, CVs details of candidate's management experience
[...] apoyo técnico para la introducción y el uso de indicadores del sector educativo, la optimización de recursos y la eficiencia administrativa en la gestión por resultados; gestión de subvenciones y ******fondos concursales****** ;monitoreo de políticas e indicadores ambientales y apoyo a la elaboración de planes municipales de desarrollo socio-educativo.

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Here, the candidate has been working as an educational advisor in Chile. Does anyone know what 'fondos concursales' are? I'd be very grateful for any help with this, as 'insolvency funds' seems unlikely to me in the context. Many thanks!

Discussion

Blanca Collazo Oct 8, 2011:
I agree with Rich; it seems like the most suitable answer.
Richard Hill Oct 7, 2011:
All plausible answers in other contexts but I reckon FVS is spot on in this context. Ana's seems to be fitting too.

Proposed translations

+2
1 hr
Selected

(subsidies and) grants

These are simply grants.

DEFINICIÓN FONDOS CONCURSABLES.
Artículo 2 Definición.
El Fondo Concursable es una forma de gestión municipal que tiene como objetivo principal, distribuir recursos de inversión en base a una postulación de las organizaciones destinadas a satisfacer las necesidades de la población que habita en territorios determinados, sobre la base de temáticas específicas: DEPORTES , CIUDADANO, CULTURA, DISCAPACIDAD, MEDIOAMBIENTE, JÓVENES, ADULTO MAYOR, INFANCIA y otros.

http://ayuntamientosantiagord.com/2010/09/resolucion-num-292...

Note from asker:
many thanks FVS for the extremely helpful definition!
Peer comment(s):

agree AllegroTrans
5 mins
Thanks AT.
agree Richard Hill : What can I say! :)
9 mins
Thanks Rich.
disagree Ana Terzaghi : To obtain these funds, there must be an open call and a contest to obtain them
11 mins
All grants are subject to competing applications, that is their nature.
agree Blanca Collazo
1 day 6 hrs
Thanks Blanca.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "many thanks to everybody for your invaluable help! In the end, this answer fits the context best. Although not all grants are competitive (eg grants to have your attic or walls insulated), many grants are competitive or discretionary in that you have to submit a bid for them. "
-1
23 mins

bankruptcy reserve funds

The company must maintain a bankruptcy reserve fund, or insurance, to fund possible costs of a bankruptcy proceeding
http://tiny.cc/785vg
Fitch believes that a $100,000 bankruptcy reserve fund is sufficient to justify "AAA" ratings for securities backed by pools of first mortgage loans on primary residences
http://www.thefreelibrary.com/CRAMDOWN RISK SMALL IN MORTGAG...

Six racing horses boarded at a horse farm in Florida were to be sold with net proceeds after commissions and expenses to go towards the bankruptcy fund. As of the September disclosure, one of these transactions has been completed, with net proceeds of approximately $30,000
http://en.wikipedia.org/wiki/Michael_Vick
Note from asker:
many thanks rich! I'm still trying to get my head round this!
Peer comment(s):

disagree philgoddard : Makes no sense in the context.//This is nothing to do with bankruptcy.
1 hr
Thank you for taking the trouble to make your point, without taking the trouble to see the discussion
Something went wrong...
27 mins

bid funds

I think this would fit in the "subvenciones", i.e. funds used to prepare bids for subsidies. 'concurso' is often used to describe a competitive bidding process or tender.
Note from asker:
many thanks Simon! I hadn't thought of this distinct possibility!
Something went wrong...
+1
28 mins

competitive funding

It means funds made available on competitive basis.
Note from asker:
many thanks Ana! Not absolutely sure what this means, but will research it further
thanks again Ana - it was very hard to choose, and your answer gave me food for thought!
Peer comment(s):

agree Marta Moreno Lobera : o "competitive funds"
44 mins
disagree FVS (X) : No, funding is far too wide. These are simply grants.
53 mins
agree philgoddard
1 hr
Something went wrong...
23 hrs

scholarship funds

Seems the sort of activity an educational establishment administrator would be involved in raising, and ties in better with the Spanish.
Note from asker:
many thanks patinba! You're quite right of course!
Something went wrong...
22 mins

contestable funds

un ejemplo de fondos concursables - contestable funds

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Note added at 1 day9 hrs (2011-10-09 00:42:52 GMT)
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si no me equivoco los fondos concursables son una forma de beca pero con una particularidad que es que hay que presentar un proyecto el cual se financia con estos fondos públicos. creo entonces que grant es un poco más vasto....
Note from asker:
many thanks Ursulita! I have to admit that I'd never come across this before, but further research shows this is a good contender!
Something went wrong...
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