Sometimes, project reporting is not as easy as it may seem, especially when reporting personnel costs.

Declaring SME owners’ work cost can be a bit tricky, we have prepared this post to clear some doubts.

There are two types of SME owners who work on a H2020 project:

  1. SME owners who receive a salary.
  2. SME owners without a salary (usually they invoice the company)

The first kind of SME owners can report their personnel costs in the same way as if they were employees working under a contract (salary slips, contract, timesheets…).

But, how can I report the work cost of SME Owners without salary?

In these cases, the Commision fixes an hourly rate to calculate the personnel costs of the SME owner. In this post, we are focusing on this kind of SME owners.

And how do I know which SME Owner rate applies to my project?

You can find it out by following three simple steps.

What steps do I need to follow?

We will review it below!

Previous posts


    COOPID, connecting the primary sector through innovative biobased knowledge

    The COOPID project will address the main challenges the primary sector encounters when taking part in the “bioeconomy”, namely, poor cooperation and knowledge transfer between relevant stakeholders, and limited support to invest in R&D [...]

  • CSIC at the EIT Food #AnnualFoodAgenda Project

    The project #AnnualFood Agenda is an initiative powered by EIT Food -a European Knowledge and Innovation Community (KIC), which receives funding from the European Commission body ‘EIT’- whose goal is to engage consumers with [...]

  • Blue economy EMFF

    Blue economy window call: EMFF in 2021

    The European Maritime and Fisheries Fund (EMFF) supports the achievement of the objectives of the Common Fisheries Policy (CFP) and the Integrated Maritime Policy (IMP), the growth of a sustainable blue economy and the [...]

  • EIC Accelerator 2021

    The EIC Accelerator is a large and highly competitive funding programme for deep-tech start-ups in Europe. The programme is running a pilot phase since June 2019, and the last call of the EIC Accelerator [...]

  • BIOSCHAMP’s online kick-off meeting

    The 29th of October of 2020, the BIOSCHAMP project’s kick-off meeting took place. BIOSCHAMP is an ambitious project aimed at generating a solution to improve mushroom industry profitability in Europe while reducing the agronomical [...]

  • innovarum logo 2

    Innovarum has updated its webpage!

    In September 2020 Innovarum finished the update of its website. This update was a meditated decision that had following goals: Building upon the colours and ideas that have defined the brand and the company [...]

Home » Work cost of SME Owners in H2020


Do you have an innovative idea for a project? Are your looking for project management support? Do you need a Dissemination and Communication Partner?

Send us an email!