About the Author: Ana Díaz

Innovation Consultant - Ana holds a Degree in Biotechnology from the Polytechnic University of Madrid (ES) and a MSc specialized in Industrial Biotechnology from the Autonomous University of Madrid (ES). In October 2022, Ana will continue its education in circular economy with a Master’s Degree in Circular Economy and Innovation at Valencian International University (VIU University). Before joining Innovarum, she has worked in different companies as an Innovation Consultant in the United Kingdom and Barcelona. Thanks to her education and international experience, she has developed great passion for innovation as a way to address current environmental challenges.

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Lump Sum Funding In Horizon Europe: How Does It Work?

Lump sum funding aims to reduce administrative and financial errors, simplifying the funding programme and thus the financial reporting process by eliminating the need to report actual costs and eliminating ex-post financial audits. This programme is primarily targeted at small and start-up companies, as they often have no prior knowledge of EU fund management. Compared to other Horizon Europe grants, the lump sum grant agreement and evaluation systems follow the same standard approach in the following aspects: evaluation criteria, payment scheme, pre-financing and reporting periods. However, there is one notable difference to note: lump sum funding focuses on the [...]

By |February 21st, 2023|Categories: EU Funding Oportunites, News: Horizon Europe|
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