Annual updates of national/regional funds

It is advisable to monitor the overall funding spent on the selected transnational projects on a regular basis.

This is particularly important to keep track of any expected EU co-funding which will be calculated on the basis of total eligible costs, including financial support to selected transnational projects (For co-funded Partnerships: cost category: FSTP - financial support to third parties)

In this respect some networks collect updated funding amounts annually using predefined reporting templates.