The Strategic Research Council (SRC) established within the Academy of Finland grants national matching funds to sites of research based on projects that have received funding under the Societal Challenges priority of Horizon 2020, the EU Framework Programme for Research and Innovation.
Projects eligible to receive SRC matching funds must have received funding in 2015 or thereafter. The aim of SRC matching funds is to encourage research organisations to participate in preparing projects for upcoming EU funding calls.
SRC matching funds can be applied for to compensate for funding shortfalls. Here, shortfall refers to the difference between the overheads percentage calculated using the Finnish full cost model and the indirect costs reimbursement calculated using the Horizon 2020 model. The matching funds are granted according to a reimbursement rate decided by the SRC (0−75%).
The deadline for applications is 22 October 2019 at 16.15 local Finnish time. The SRC will decide in November 2019 on applications submitted during the period 1 January–22 October 2019. The funding will be granted according to a separately agreed, consistent rate covering no more than 75 per cent of the funding shortfall. The reimbursement rate will be decided in proportion to available funds and the total funding applied for. Applicants may use a single application to apply for a compensation for funding shortfalls in several EU projects. The shortfall and funding applied for must come to a minimum of 10,000 euros per individual project.
The funding is allocated to the site of research – not the project – to cover indirect costs (overheads). It is intended for actions that strengthen the research organisation’s opportunities to apply for international research funding. The funding cannot be used for commercial activity.
Who is eligible to apply?
SRC matching funds can be applied for by research organisations, such as research services or financial administration units.
According to the EU Commission, a ‘research organisation’ refers to an organisation (e.g. higher education institutes, research institutes, technology transfer organisations, innovation intermediaries, and research-oriented physical or virtual collaborative entities), irrespective of its legal status (organised under public or private law) or financing source, whose primary goal is to conduct independent basic research, industrial research or experimental development or to disseminate its results widely by means of education, publication or knowledge transfer. When such an entity is also engaged in economic activities, separate accounts must be kept of the funding and costs of and the revenue generated by such activities. The enterprises exercising a controlling interest in such an entity (as shareholders, members, etc.) may not enjoy any preferential access to the results generated by the entity.
The funding period should start on 1 January 2019 at the earliest and end no later than 31 December 2022. The aim of the SRC’s budget authority is to enable a commitment to expenses over several years.
The state budget does not allow the use of SRC funds for single-year costs. This is why decisions made under the 2019 budget authority cannot be made to end before 2020.
Sites of research can apply for matching funds to cover the project’s entire Horizon 2020 funding period. The funding period ends according to the duration of the Academy’s budget authority. It is possible to apply for follow-on funding for subsequent periods, provided that the project runs for more than a year and the SRC has been granted additional budget authority.
SRC matching funds are intended for costs that are not covered by Horizon 2020. This refers to the difference between the overheads percentage calculated using the Finnish full cost model and the indirect costs reimbursement calculated using the Horizon 2020 model. More information is available in the Annotated Model Grant Agreement, a guide aimed at assisting Horizon 2020 beneficiaries.
The funding granted by the SRC is subject to an audit obligation. The recipient of matching funds must be prepared to, if necessary, show that the funds will not be allocated to any part of indirect costs funded by the EU Commission.
How to apply
Sites of research can submit applications as soon as they have received the final, signed funding decision from the EU Commission.
The funding shortfall is demonstrated in a separate appendix to the application (“LASKELMA_ID of EU project_Name of EU project”).
The application is submitted in the Academy’s online services. Select Open calls > SRC matching funds for Horizon 2020.
Appendices to application
- EU Commission’s final and signed funding decision (Horizon 2020, Societal Challenges); name the appendix “Grant_Agreement_ID of EU project_Name of the project”
- Calculation showing the funding shortfall (template is in Finnish; also available in Swedish); name the appendix “LASKELMA_ID of EU project_Name of EU project”
- Finance Manager Sirpa Nummila (Division of Financial Services), tel. +358 295 335 081
- Science Adviser Krista Nuutinen (Division of Strategic Research), tel. +358 295 335 043