Common use of Upper funding limits Clause in Contracts

Upper funding limits. 1. For research and technological development activities, the financial contribution of the Union may reach a maximum of 50% of the total eligible costs. However, for beneficiaries that are non-profit public bodies, secondary and higher education establishments, research organisations and SMEs, the rate may reach a maximum of 75% of the total eligible costs. This rate shall be applied for the whole duration of the project, even if these beneficiaries change their status during the life of the project.