Funding

EC Grants may not finance the entire eligible cost of the Action of a Beneficiary. No grant may exceed 90 % of the total forecasted eligible costs of the Action.

The balance must be financed from the Applicant's or Partners' own resources, or from sources other than the European Community budget or the European Development Fund. The co-financing shall amount to at least 10% of the total eligible costs of the Action.

In case of grant Beneficiaries/Partners registered in participating Member States maximum 5% of the total eligible costs of the Action (50% of the co-financing) will be funded from the national budget. The remaining minimum 5% of the total eligible costs of the Action (50% of the co-financing) has to be covered from the Beneficiary’s/Partner’s own contribution. Detailed information on the national co-financing in the Member States will be available on the Programme’s website.