Assessment of the financial capacity: new module available in the online application form
The Managing Authority informs the Applicants, which are currently preparing a project proposal under the strategic call, that a new module “Financial capacity” is now available in the online application form.
Compared to the first call for standard projects, it is not necessary to fill in an Excel file anymore but just introduce the data of the Applicant and each partner in the e-form. Moreover, you will be asked to insert the information related to the last two financial years (and not the last three as in the previous call).
According to section 5.7 of the Guidelines for Applicants, ”in order to minimize the risk of difficulties in project implementation, a financial capacity check is performed when assessing project proposals on the basis of the information contained in the documents submitted by private applicants/partners. The check is aimed at assessing whether the applicant/partners have stable and sufficient sources of funding to maintain activities throughout the project implementation period and to participate in its funding.”