Lump Sum Funding in Horizon Europe
Application is open for the Lump Sum Funding in Horizon Europe: How does it work? How to write a proposal? (19 May 2022). Horizon Europe uses lump-sum funding to reduce administration and financial errors. Lump sums make the program simpler by removing the need to report actual costs.
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Eligibility
Access to the Lump Sum Funding in Horizon Europe becomes easier too, especially for small organizations and newcomers, who often lack the experience and capacity to cope with the complex rules for actual costs.
Benefits
Lump sums are defined up-front and fixed in the grant agreement. They are paid out upon completion of the activities in work packages. Beyond that, the planning, evaluation, and execution of projects does not change much. In particular, the payment of lump sums does not depend on successful outcomes (which are never certain in research) and follows the standard payment schedule. Lump sum projects enjoy the same degree of flexibility as traditional actual cost projects, and their performance is judged by the same standards.
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Application process
- Go to https://www.sli.do/
- Enter “LUMPSUM” in the field “# Enter event code”, then click on the “Join” button
- You should now be able to ask questions and answer polls
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Fee information: N/A