3. Funding, Eligible Costs and Budget

FUNDING

a) FORTHEM Alliance funding

The FORTHEM Alliance supports the winning/awarded projects with 500 € / project, but it is allowed to apply for compatible funding from other sources.

Travel and subsistence cost for two meetings will also be covered for 8 participants per team (total of 16 travel costs for four nights per project). We will provide the details about how these costs will be paid once the projects have been selected.

b) Additional funding by FORTHEM universities

Each university will assess the possibility of supplementing the project costs with its own funds.  

The funding for the beneficiaries of the selected projects will cover only eligible implementation activities.

The FORTHEM Alliance expects to fund eight proposals in 2020-2021.

Please be aware of the fact that, should your project receive funds from several funding pools, you would have to check if these are compatible, as double funding is not permitted in certain cases.

ELIGIBLE COSTS

Eligible costs shall meet all the following criteria:

  • they are incurred by the beneficiary
  • they are incurred during the duration of the action
  • they are indicated in the estimated budget of the action
  • they are necessary for the implementation of the action which is the subject of the grant
  • they are identifiable and verifiable, in particular being recorded in the accounting records of the beneficiary
  • they comply with the requirements of applicable tax and social legislation
  • they are reasonable, justified and comply with the principle of sound financial management, in particular regarding economy and efficiency

BUDGET

The estimated budget of the action must be attached to the application form. It must have revenue and expenditure in balance. The budget must be drawn up in euros. Please use the budget form attached here.