FINANCIAL STRUCTURE:
- This grant uses a lump sum funding model, simplifying financial management by focusing on technical output rather than detailed cost reporting.
- The total budget allocated for this specific topic is 4,000,000 EUR.
- The expected grant amount per project (min and max) is 4,000,000 EUR, with one grant expected to be awarded for this topic.
- The currency for all financial amounts is EUR.
- Eligible Costs (covered by the lump sum contribution) generally include:
- Personnel costs (employees, direct contractors, seconded persons, SME owners).
- Subcontracting costs.
- Purchase costs (travel, subsistence, equipment, other goods, works, and services).
- Other cost categories (financial support to third parties, internally invoiced goods/services, transnational/virtual access to research infrastructure, PCP/PPI procurement costs, Euratom Cofund staff mobility costs, ERC additional funding).
- Ineligible Costs are those that would be ineligible under standard Horizon Europe rules.
- Indirect Costs are calculated using a 25% flat rate applied to direct cost categories that qualify for indirect cost calculation under Horizon Europe rules. This is already factored into the lump sum.
- Payment Mechanism: Payments are released based on the proper implementation and completion of predefined work packages, as outlined in Annex 1 of the grant agreement. Payments are not dependent on actual costs incurred.
- Co-financing: The total estimated costs of the action must be greater than the estimated Union contribution, ensuring compliance with co-financing principles.
- Funding Rate: The lump sum is calculated applying the reimbursement rate set out in Horizon Europe rules to the total estimated eligible costs. For Research and Innovation Actions (RIA), this typically implies 100% funding of eligible costs.
Grants8