“Lump Sum” funding has been extended to new Calls in HE and the European Commission intends to extend the use of this modality even further in the coming years, seeking greater accounting simplification and a reduction in administrative and financial errors. Lump sum funding removes obligation to report actual costs, allowing to focus on the scientific and technical content of projects rather than financial management. For these reasons, the need to understand its functioning and implementation is becoming more and more urgent.
The broader use of lump sum funding scheme in Horizon Europe planned by the EC, is based on experience in the Assessment of the Lump Sum Pilot 2018-2020. Therefore, it is important to analyse and discuss challenges encountered by this funding model and help future applicants better prepare for participation in lump sum projects through sharing early experience.
To address Lump Sum funding from a practical perspective, our webinar will feature a presentation by Lenka Chvojková , National Contact Point for Legal and Financial Aspects in Czech Republic. In addition, we will receive the testimony and experience of two managers in projects of this type: Elena Chavarria, from the Vall Hebron Institute of Oncology (VHIO), and Arancha de Zarraga, from TECNALIA. We will break down the idea of lump sum, discuss the unique benefits and added values of this budget model, and understand how it works both during pre-award and post-award phases.
Registration is available through the link in the agenda >>>
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