Starting on your adventure with the EIC Accelerator, it is normal to feel a bit overwhelmed with the number of papers to be prepared, signed and analysed. If you have already signed your Grant Agreement (GA), you are aware that this is the most important document that will guide you through the project. Therefore, you need to know it very well…
…but wait, what about another document called the Annotated Model Grant Agreement (AMGA)? Is it important? The answer is definitely YES.
If you are familiar with all the GA provisions and still do not feel confident about executing your project, don’t worry! The European Commission is aware that some rules might not be 100 percent clear to beneficiaries. That is why they provide the Annotated Model Grant Agreement.
The AMGA contains interpretations of the GA provisions and a set of practical examples to resolve doubts that may arise while applying the rules in practice. The aim of the document is to make your project life easier, to help you better understand the GA rules and to avoid mistakes that can happen during project execution and the reporting periods.
In practice, before applying any GA provision to your project you should always check the AMGA to make sure you understand a given rule correctly. The differences between the Grant Agreement and the Annotated Model Grant Agreement are as follows:
|Grant Agreement||Annotated Model Grant Agreement|
|Legally binding, signed by the beneficiary||To be used as a guideline for your GA, not signed by the beneficiary|
|Includes specific legal provisions applicable to the project||Includes interpretations of legal provisions applicable to the project|
|Includes details of your project||It is the same for all H2020/Horizon Europe projects|
Now you know why the AMGA is so important, but be careful when using it. The EC periodically updates this document, which may affect the implementation of some rules in your project. You should always go to the EC website and check the most recent version.
Do you need help with the Annotated Model Grant Agreement? We can help identify the most important points and track updates for you. Contact us at email@example.com.