Real Common pot

The real common pot requires the commitment of program owners for cross-border funding and thus requires a system to administer the distribution of funds at the network level. A central unit is managing and distributing the funds which were provided by individual funding organisation to the common pot.

Suitability:

This funding mode is suitable if the participating funding organisation accept funding decisions made by the designated joint decision-making body to ensure funding of the best quality proposals, in accordance with joint standard rules and procedures, and irrespective of nationality or place of residence.

Commitment:

National/regional funding organisations commit their funds to a jointly agreed common budget. They will, depending on the funding decisions, potentially be funding non-national and non-resident researchers according to the committed budget.

Administrative efforts and benefits:

Administrative efforts are needed in order to ensure efficient operation of joint call decisions and joint funding, in accordance with standard rules and procedures. Cross-border funding is essentially involved. Since the funding decision will only depend on the ranking of the proposal this is a way to fund the proposals with the highest quality.