Form of grant. EU grants are normally ‘budget-based mixed actual cost’ grants (meaning grants, broken down by budget categories and participants, and based on actual costs incurred and other simplified forms of funding (i.e. normally unit costs for SME owners/natural person beneficiaries and volunteers, if applicable and flat rate costs for indirect costs). However, depending on the Programme and type of action, grants may also be: pure actual cost grants (e.g. operating grants; see Operating Grants Model Grant Agreement) pure lump sum grants (see Lump Sum Model Grant Agreement) pure unit grants (see Unit Model Grant Agreement) ‘activity-based mixed actual cost’ grants, i.e. broken down by budget categories as well as by activities or any other combination of costs and/or contributions (not very frequent, because not supported by the IT tools).
Appears in 3 contracts
Form of grant. EU grants are normally ‘budget-based mixed actual cost’ grants (meaning grants, broken down by budget categories and participants, and based on actual costs incurred and other simplified forms of funding (i.e. normally unit costs for SME owners/natural person beneficiaries and volunteers, if applicable and flat rate costs for indirect costs). However, depending on the Programme and type of action, grants may also be: − pure actual cost grants (e.g. operating grants; see Operating Grants Model Grant Agreement) − pure lump sum grants (see Lump Sum Model Grant Agreement) − pure unit grants (see Unit Model Grant Agreement) − ‘activity-based mixed actual cost’ grants, i.e. broken down by budget categories as well as by activities or − any other combination of costs and/or contributions (not very frequent, because not supported by the IT tools).
Appears in 3 contracts
