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IlyaShpitser comments on Funding Good Research - Less Wrong Discussion
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Academics apply for multiple grants, and their salary is partly supported by each grant (and also by a salary they draw from the University they are affiliated with for teaching classes). Universities also "tax" grants at 50%+ rates.
For example, it is not uncommon to be supported by 5-6 grants each covering a bit less than 20% of your salary. The rough idea is if a grant covers X% of your salary, you will generally spend X% of your time working on the research covered by this grant.
OK, thank you! So now I really can't work out what this tells us about the SI grant.