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What is this methodology sheet for?

The provisional budget to be submitted to the European Commission must abide by the rules on non-overlapping European grants, on non-profit for the duration of the grant agreement, on non retro-activity of expenditure and on systematic cofinancing. You must work in coordination with your partners to estimate your expenditure as accurately as possible. If your actual expenditure is less than your estimate, the European Commission will reduce the amount of its subsidy. Conversely, if your final budget is higher than the provisional budget, the amount awarded will never be revised upward. Avoid ‘ballpark figure’ budgets they will not be looked upon favourably.

Summary

  • GUIDELINES TO FOLLOW
  • FIRST STEP: DRAWING UP A DRAFT BUDGET
  • EXAMPLE OF A DRAFT BUDGET
  • SECOND STEP: PREPARATORYMEETING WITH THE PARTNERS
  • THIRD STEP: GATHERING FINANCIAL INFORMATION FROM PARTNERS
  • FOURTH STEP: BUDGET CONSOLIDATION

Sectors: Any fields.

Regions: European Union.

Lorraine De Bouchony – CEO: Lorraine de Bouchony is co-founder of Welcomeurope. She coordinates strategic consulting missions for large private groups and contributes to numerous networks on public policies in Europe.

Valérie Buisine – Deputy Managing Director: after launching the Training Department in 2002, Valérie Buisine now heads the Consulting Department of Welcomeurope.

Vanessa Gehin – Consultant: formerly Head of Community co-financing at the Overseas Mobility Agency, Vanessa Gehin joined Welcomeurope as Senior Consultant.

Jeanne Collin – Consultant: former European Project Manager at the Centre National de Recherche Scientifique (CNRS), Jeanne Collin joined Welcomeurope as Senior Consultant.