The budget shall be specified on partner level as well as under each cost category depending on the reporting method.
When using the 40%-method, only the cost category of staff costs shall be specified. The flat rate of 40% will be automatically added in the system.
When using the method of “all cost categories”, only the cost categories reported as real costs shall be specified (staff, external expertise, equipment and costs for infrastructure and works). The categories where flat rates are used (Office and administrative expenditures and Travel and accommodation costs) will be added automatically in the budget in Min Ansökan.
Projects are expected to share outputs and results widely and free of charge. But a budget line for project revenue is available for projects planning to have some kind of revenue. Unexpected revenue not foreseen in the budget in the application stage shall be reported in payment applications to avoid double financing of the expenditure.
You will need to specify who will contribute with financing to the project, this can be the partner itself or other external financiers. Remember that you will need co-financing corresponding to an amount of 35% of the EU-costs and 50% of the Norwegian costs. It is not necessary to submit documentation of approved grants from external financiers nor regarding own financing.
If an external co-financier will not be able to finance the project as intended, the project partner will cover the lack of funding itself. This is confirmed by the applicants in the signing document. But, if you, during the joint secretariat’s assessment of a submitted application finds out that external co-financing will not be approved, and project partners are not willing to cover the lack of funding with own financing – please contact the joint secretariat regarding either a withdrawal of the application or a reduced budget so that all planned costs are covered.
EU-funding and IR-funding
The EU-funding (65%) and IR-funding (50%) will be calculated automatically by the system once you have added the costs and co-financing. In case the EU-share is larger than 65% and/or the IR-share is larger than 50% you will need to add some more co-financing or lower the costs.