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Frequently Asked Questions (FAQ) - SME-Financial issues

Answer: 

A complementary funding is not excluded in the work programme.

Answer: 

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).

Answer: 

The 50.000 EUR can be used for any kind of activity (personnel costs, subcontracting, costs for patent search etc).

Answer: 

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.