Academy funding granted for a research project is paid to the ‘site of research’, that is, the university or research institute where the researcher or research team works.
The university or research institute, also referred to as the research organisation, uses the funding to cover the research costs and salaries of the team members. The research organisation will invoice the Academy annually based on the actual costs.
- On average, our funding for a four-year project comes to 500,000 euros. Of this sum, 35–40% goes to the research organisation as overheads, which is used to cover rents, information system costs and administrative costs.
- The researchers are employed by the university or research institute that hosts the project.