For the first round of aerOS Open Calls, a budget of 420k€ is available considering the following:

• A maximum of 7 proposals will be funded.
• A maximum requested amount of 60.000€ per proposal might be accepted.
• Fixed duration of projects is 8 months.

A table to indicate the budget of the proposal is included at the final page of the “Proposal template” within Applicant Package.

The form of financial support to be used will be a pre-defined lump sum. Funds will be provided to the third parties following the accomplishment of different milestones verified on the basis on the presentation of technical and financial reports.

Payments will be:

(i) pre-financing

(ii) one interim payment according to the results of monitoring actions

(iii) final payment.

In the lump-sum to be requested, the costs will be eligible (‘eligible costs’), if they correspond to the lump sum set out in Annex 2 and if the corresponding tasks have been properly implemented in accordance with the Proposal submitted.

In addition, to be eligible the costs must meet the following criteria:

i. they must be incurred in the period set out in Article 9.4 of the Collaboration Agreement (see Application Package), with the exception of costs relating to the submission of the technical report and financial statement (see Article 9 of the Collaboration Agreement);

ii. they must be identifiable and verifiable, in particular recorded in the applicant’s accounts in accordance with the accounting standards applicable in the country where the applicant is established and with applicant’s usual cost accounting practices;

iii. they must comply with the applicable national law on taxes, labour and social security, and

iv. they must be reasonable, justified and must comply with the principle of sound financial management, in particular regarding economy and efficiency;

In contrast, the following will be considered ineligible costs:

i. costs that do not comply with the conditions set out above (see Article 7.1 of the CollaborationAgreement)

ii. costs reimbursed under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the European Commission for the purpose of implementing the EU and Euratom budget)