среда, 7 октября 2015 г.

SME Instrument budget – how does it work?

We recently received a lot of questions about the budget of the SME Instrument. It’s a quite complex issue that we would like to try to clarify as far as possible in this article.

The SME Instrument budget is a share of Horizon 2020’s budget. It represents 7% of the societal challenges and Leadership in Enabling and Industrial Technologies .

The European Commission publishes a bi-annual work programme including the amounts dedicated to each topic. €500 million have been allocated for 2014 and 2015; 10% for Phase 1, 88% for phase 2 and 2% for evaluation and coaching. The sums are equally split between the four cut-offs.

The European Commission’s services in charge of the different topics might decide to increase their annual budget contribution in order to avoid a too early depletion of the budget. This is made on an ad-hoc basis and depends on the availability of budget in other parts of Horizon 2020.

The most tricky part concerns the topics with little budget. The amount allocated to projects is not decreased during the grant preparation process. Therefore a single project might use more money than foreseen for a cut-off, thus depleting the budget towards the end of the year.

The final version of the work programme for 2016 and 2017 will be published in October. We will address the question budget again at this moment. In the meantime, do not hesitate to ask questions using the comment module below.

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