||NEW CONDITIONS FOR SUBMISSION |
The conditions under which projects can be submitted to
the forthcoming PSC 5 are currently being clarified.
closing date of the 5th Call for Proposals is now 29th April 2004. The
5th PSC will meet on 24th-25th June 2004 to discuss the applications submitted
under the 5th call.
Following PMC 5 there will be a maximum grant rate of 48% on
average project level applied for projet submissions under PSC5, due to
No reallocation of ERDF funding has been
agreed and available funding is therefore unchanged from the situation
after PSC 4. Specific amounts available for commitment during PSC 5 at
Measure level have not been established.
The number of expected projects and the average ERDF requested by them
indicates that compared to the overall number of submissions, only a relatively
small number of projects will be approved by PSC 5. The available ERDF funding
will not be able to match the demand under the 5th call. Therefore,
fierce competition expected between projects for PSC5 should
result in submissions of the highest quality.
We will of course
provide you with further information as soon as we can. Please feel free to
write to email@example.com if you have any