Blog
Here our team discusses the arcane world of EU funding. Things you didn’t know you need to know. Be prepared.
Can an affiliated company participate in my H2020 project?
06.07.2021
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Costs
Finance
Project Management
Reporting
Third Party
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Karolina Czaharyńska
Yes, your affiliated company can be involved in the project as a linked third party. However, in order to keep in line with H2020 rules, a few principles need to be kept in mind. First, what is a linked third...
Do not forget about the Certificate on Financial Statements in your H2020 project!
21.05.2021
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Audit
Costs
Finance
Project Management
Reporting
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Alicja Baryła
Have you ever heard of the Certificate on Financial Statements (CFS)? If you are a H2020 grant beneficiary, you should definitely be familiar with it! What is the CFS? The Certificate on Financial Statement is an obligatory audit document for...
EC Audit in H2020 project – how to survive?
12.04.2021
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Audit
Costs
Finance
Project Management
Reporting
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Anna Szathmáry
Ready, steady, go – Its EC audit time! All right, so this is a topic that nobody likes to think about. Some say it is like preparing for a PhD exam, others say it is like a difficult job interview....
The Financial Statement in H2020 project – and what is behind it
04.02.2021
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Costs
Finance
Project Management
Reporting
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Anna Szathmáry
Cost justification (Financial Statement) is a crucial part of EU project management, generally performed by dedicated staff that know every detail of your grant’s applicable financial rules. To be honest, for investigators and technical staff this task is a huge...
Can I start commercializing my results before H2020 project termination?
26.01.2021
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Commercialization
Costs
Project Management
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Anna Szathmáry
Time is money. The main goal of your action is to prepare the innovation for successful market rollout at the earliest date possible. Although EU Projects have a timeframe with established deadlines that are difficult to deviate from, if the...
Third parties involved in Horizon 2020 projects
07.04.2020
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Costs
Payments
Project Management
Third Party
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Ewa Ciochoń
As a general rule in Horizon 2020, the company is expected to have all the necessary resources to carry out the majority of the work in the project. Nevertheless, the SME can involve external support if necessary for project implementation....
H2020 project suspension – how does it work?
01.04.2020
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Costs
Grant Agreement
Project Management
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Ewa Ciochoń
If the execution of your H2020 project becomes impossible or excessively difficult due to exceptional circumstances, you may request to stop the project for a period of time and suspend the Grant Agreement (GA) implementation. When can project suspension be...
Project costs to claim after the H2020 project ends
06.03.2019
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Costs
Project Management
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Ewa Ciochoń
The Grant Agreement contains detailed provisions about the eligibility of costs in Horizon 2020. One of the main provisions states that the cost must be incurred during the project duration. The ‘project duration’ is the period running from the start to...
Indirect costs in Horizon 2020
04.03.2019
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Costs
Finance
Project Management
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Ewa Ciochoń
Indirect costs, also called overheads, are general operating costs incurred within the project but not directly linked to the project tasks. Indirect costs contribute to the proper project implementation, but they are also indispensable to successfully run your business. Direct...
Exploitation of H2020 projects results
26.02.2019
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Commercialization
Costs
Project Management
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Silvia Padovan
One of the main objectives of EU investment in SMEs’ innovative projects is to bring new products to the market. In fact, funds you receive as an SME instrument beneficiary aim at making European SMEs stronger and more competitive –...