Community financial contribution

For indirect actions in FP6, in general the European Union contributes only a certain percentage of the total costs of a project. Participants have to mobilise their own resources accordingly. The percentage of the financial contribution depends on the type of activities to be carried out in the instruments and can be in the form of: a grant to the budget, as a contribution to the cost incurred, with specified maximum rates of support for the different types of activity within the project; a grant for integration, as a fixed amount to support the joint programme of activities of a Network of Excellence; a lump sum for certain specific support actions, scholarships and prizes.

Corresponding term unknown