You are here
Frequently Asked Questions (FAQ) - SME-Financial issues
A complementary funding is not excluded in the work programme.
The commission does not ask for financial details, so no hourly rate; just try to reach the 71,000 euro (of which the 70% will be reimbursed as the lump sum).
The 50.000 EUR can be used for any kind of activity (personnel costs, subcontracting, costs for patent search etc).
The lump sum will be paid in two portions - 40% with project start, the rest afterwards, at end of project. The projects that you might get financed as phase 1 and phase 2 are seen INDEPENDENTLY.