Lump Sum funding: a game changer or a gamble?
Discussing practical experiences and best practices of lump sum funding in Horizon Europe
Conference
Format: Fifteen-Minute Discussion Tables
Topic: 5. Proposal, Award and Project Management
Abstract
As Horizon Europe continues to reshape research funding landscapes, the introduction of lump sum funding presents both exciting opportunities and unique challenges.
This discussion table aims to engage participants in a dynamic dialogue about their practical experiences, the implementation of rules and implications of lump sum funding within the Horizon Europe framework. Participants are encouraged to share their firsthand experiences, success stories and challenges alike, from proposal to implementation and management of their lump sum projects. To facilitate a rich exchange, we ask participants to bring their own questions and insights to the table.
The conversation aims to address simplifications as well as challenges of lump sum funding, such as for example enhanced flexibility in financial management, reduced administrative burdens, risks of underestimating project costs and the ensuring of compliance with the specific rules of lump sum agreements (Grant Agreement, Consortium Agreement).
As an outcome of the discussion, we seek to explore strategies for effective budgeting, an efficient monitoring progress, and adapting to the unique demands of lump sum funding. By sharing practical tips and lessons learned, we aim to foster a collaborative environment where attendees can learn from each other’s experiences.
Ultimately, this exchange seeks to provide clarity and guidance on navigating the complexities of lump sum funding in Horizon Europe, to help research managers easing their daily work.
Join us for a thought-provoking conversation that will equip you with the knowledge to make informed decisions about funding strategies in your future research endeavors. This session promises valuable insights for maximizing the potential of lump sum funding.