The amount of match funding required must be at least 50% of the budget at partner and project levels. The ERDF funding will then contribute the difference between the total eligible cost and the amount of match-funding secured, up to a maximum of 50% of the total budget at partner and project levels.
In-kind contribution can be claimed as part of one or more project partners’ match funding. In-kind contribution can come from the partner’s own source or be provided by an external organisation. In this last case, the in-kind contribution must be gifted for free to one of the project partners and properly secured. For each project partner, the maximum amount of eligible in-kind contribution cannot exceed the total amount of match-funding. In order to ensure a sufficient cash flow, the JTS strongly recommend to commit a reasonable amount of cash contribution in each project partner’s match-funding.
For further information concerning in-kind contribution, please refer to annex 5 of the Programme Manual.
Partners are not allowed to match-fund each other in the framework of the project. If the partnership plans to share certain costs, an official procedure has been set up by the Programme. Please refer to section 2.6 and annex 7 of the Programme Manual
Umbrella partnerships – where one partner collects funding and represents other partners listing them as such in the application form – are not allowed within the 2 Seas Programme. Only organisations involved in the activities of the project, contributing financially and claiming back ERDF are considered as project partners.
Yes, this is possible. However, it is not possible that two or more organisations who are partners in the same project match-fund each other (unless they are naturally and structurally linked by existing financial arrangements in the absence of the project). For further explanation and examples, please see section 2.6 of the Programme Manual.