How to allocate the Next Fund (innovation budget)

Set your total innovation budget and split it across the Maximize, Renew, Grow and Optimize portfolios from the Portfolios page.

The Next Fund is your total innovation budget. You set it once for your personal workspace or for a team, then divide it across portfolios.

Before you start

You need a Pro license.
Switch to the right context first. The personal workspace and each team workspace have separate budgets.

In the Leader sidebar, click Portfolios.
Next to the Innovation budget heading, click the pencil (Edit) icon. The Edit budgets window opens.
Under Innovation budget, enter the total amount. The field is labeled Global budget in your personal workspace and Innovation budget in a team workspace.
Under Portfolio budgets, enter an amount for Maximize, Renew, Grow and Optimize. The read-only field next to each amount shows its percentage of the global budget.
Check the indicator at the bottom (for example, "100% / 100% allocated budget"). It shows how much of the global budget you have assigned.
Click Save.

The Innovation budget card updates with the new Allocated, Spent and Available amounts, and you see the message "Budgets updated".

The app does not block you from assigning more than 100% of the global budget, so check the indicator before you save.
Unassigned does not have a budget.
Each opportunity's budget in the edit form is limited to its portfolio's budget. If a portfolio has a budget of $0.00, you cannot assign budget to its opportunities.