Third parties involved in Horizon 2020 projects
A quick overview and guidance on costs. 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
Project costs to claim after the H2020 project ends.
So you are ready to successfully complete your project and get the last payment from the EC. But you still have work to do. After the project officially ends you have 60 days to bring together all of the project
Indirect costs in Horizon 2020.
The budget in H2020 projects consists of indirect and direct costs. 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
Exploitation of H2020 projects results.
When can I start selling my new product(s)? 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
Calculating depreciation costs in H2020.
Are you correctly calculating the depreciation costs in your H2020 project? At some point everyone has faced this doubt because it is an important concept which must follow the rules of the Horizon 2020 programme, like any other cost. Eligibility of the costs According
Work cost of the SME owner.
In general, the remuneration of SME owners who work on their SMEI project is eligible. (i.e. declare hours spent on the implementation of the project) SME owners with an employment contract and a monthly salary can declare their work costs to
Are you getting the “best value for money”?
One of the primary conditions for cost eligibility in Horizon 2020 is that your suppliers be chosen in compliance with the “best value for money” rule. What does it mean? To start, it does not necessarily mean the supplier with the cheapest
How to transfer costs – a quick guide.
You worked hard to prepare your successful proposal, including a lot of time on the budget to ensure the project is financially feasible. After six months without problems you suddenly discover that your external support in prototyping included as “other direct
Time recording in the H2020 SME Instrument.
In order to ensure personnel costs are eligible and reimbursed by the EU Commission, beneficiaries must keep reliable time records for the hours worked on the action. The measuring system must be auditable and justified with sufficient persuasive evidence. This is
