We do not apply ratios for external costs such as investments & external expertise and internal labour costs.
The estimated costs must be in line with the intended innovations and their impact.
The SMEs therefore determine the cost ratio themselves. The minimum total cost should be €80,000 including VAT in order to be eligible for the maximum subsidy of €40,000.
The budget breakdown question should be viewed as a list of necessary ingredients for creating the dishes (making the innovation happen), i.e. the deliverables. We advise SMEs to spread the risk and thus create more deliverables (e.g. split a 2-day training course into 2 deliverables).
After approval of your application, only the fully completed deliverables will be paid for at the end of the 9 months of the project duration.