Financial aspects

Applicants must have stable and sufficient sources of funding to maintain the proposed activities throughout the period during which the action is carried out and to participate in its financing.

The amount of self-financing mentioned under income in the estimated budget is considered to have been definitively secured.

The grant awarded must not have the purpose or effect of producing a profit for the beneficiary. Profit is defined as a surplus of revenue over costs. Any surplus will result in a proportional reduction of the amount of the grant.

The bank account or sub-account indicated by the beneficiary (coordinator) must make it possible to identify the funds transferred by the Executive Agency.