Abstract: The method is provided for allocating funds among a plurality of requests for grant. In this method, a user web interface allows a user to fill out a request for grant and generate a set of data to be sent to a server. Verifications are made to determine whether the set of data does conform to a minimum number of criteria in order for the request for grant to be admissible. Upon determining that the request for grant is admissible, the set of data concerning the request for grant is made available to members of a review panel using a panel member web interface. Evaluation data from the panel members are eventually received at the server and combined together to create a draft evaluation which can be consulted by all panel members. Panel members are allowed to edit their evaluation data. At the end, a final evaluation of the request for grant is generated and sent to a governing body responsible for final funding allocation decisions.