The following link to the signing of the contract also contains information on the digital signature: ec.europa.eu/research/participants/docs/h2020-funding-guide/grants/from-evaluation-to-grant-signature/grant-signature_en.htm In addition to the scientific report, the host institution must submit a “financial report” at the end of each reference period. The ERC`s general grant agreement provides for different reporting periods for financial and scientific reports. Normally, the reference period is 18 months. There are four reference periods for a five-year grant; The last reference period is only six months. Link to the “Action Description” guide: ec.europa.eu/research/participants/data/ref/h2020/grants_manual/gap/doa/h2020-doa-ria-ia-csa_en.pdf Unlike an actual grant, proof of concept grants are not required. In addition, there will be no financial audit or audit when the project is implemented. Nevertheless, the project is required to meet certain quality conditions and provide the service described, otherwise the lump sum cannot be fully paid and the subsidy will be reduced accordingly. If your proposal is accepted, you will be asked to sign a detailed contract called the Grant Agreement. (H2020 Grants Manual -> section on grant preparation) Intermediate and final payments are contingent on project results. It is important to report on the progress of your project in accordance with the reference schedule of the grant agreement.
Other features of the ERC grant agreement relate to the ability of the senior auditor to modify his host institution (grant portability) as well as the provisions relating to the requirement for the principal auditor to invest a certain amount of his working time in the project (time obligation). In addition, the agreement contains specific clauses in the event of an early termination of the project for scientific reasons or the unavailability of the lead investigator. signing a grant agreement and how payments are made. Most of the provisions of the GA cannot be changed. However, specific details can be agreed individually with the European Commission/Financing Agency during the preparatory phase. B of financial assistance, such as the start-up of the project and the amount of pre-financing. As part of the 2019 work programme, the ERC is implementing a comprehensive approach to the ERC`s proof of concept-grants. This means that eur 150,000 will be allocated to each successful project. There is no need to formulate a budget proposal during the submission phase. Nevertheless, the costs of the project must be described narratively in the proposal. Only costs that can benefit from an effective subsidy can be financed by the lump sum. These may include personal costs, subcontracting and other direct and indirect costs that may relate to auditing work, validating results, clarifying IPR or knowledge transfer strategy, market analysis, etc.