Eu Funding Agreement

Please use the My Projects website of the promotion and tender portal to prepare your grant by entering the necessary data and signing your online grant contract. This data will also be available in PDF format. Intermediate and final payments are contingent on project results. It is important to report on the progress of your project in accordance with the reference schedule of the grant agreement. A grant is a direct financial contribution as a donation from the EU budget to the financing of: – a measure designed to contribute to the achievement of a goal that is part of a European Union policy; – either the functioning of an organization pursuing a european general interest purpose or pursuing an objective that is part of a European Union policy. In other words, it is a non-commercial payment from the European Commission as an adjudicating authority to a particular beneficiary, to implement a measure designed to contribute to the achievement of an objective that is part of a European Union policy. An organisation with a general European interest objective is: a European body that deals with education, training, information, innovation or research and studies European policies, all activities that contribute to the promotion of EU citizenship or human rights or a European standardisation organisation; or a European network representing non-profit organisations operating in Member States or candidate countries and promoting principles and policies in line with treaty objectives. The organization that signs a grant contract is designated as the recipient of the grant and should not be confused with the final beneficiary of the transaction, nor with the target group. A subsidy contract can be distinguished in several respects from a purchase market: a subsidy is granted for an action proposed to the services of the European Commission by a potential beneficiary (a “plaintiff”) and which falls within the normal framework of the beneficiary`s activities. This runs counter to a contracting in which the contracting authority sets the terms of the mandate of a project it wishes to carry out. A contract should be considered as a procurement market and not as a subsidy contract if its purpose is primarily or, on the whole, the management tasks of the European Commission.

A fellow is responsible, alone or in conjunction with the partners, for the completion of the transaction and retains ownership of its results. On the other hand, in the context of a contracting contract, it is the European Commission, which owns the results of the project and closely monitors its implementation. As a general rule, a beneficiary or contractor contributes to the financing of the action, unless full Community funding is essential to the implementation of the action. However, in the case of a contract, the contractor generally does not make a financial contribution. A grant can only be granted to a company whose immediate purpose is not commercial. Under no circumstances can the subsidy generate profits, with the exception of measures to strengthen a recipient`s financial capacity or to generate income through external actions.

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