Principles of the EJF’s work
The EJF shall operate on a long-term basis as a funding foundation. The funding and implementation of the projects are undertaken in cooperation with suitable partners. The EJF may develop and implement projects itself. The Executive Council acts as a consultative body of the EJF during the whole financing process. The Executive Council of the EJF will make: the recommendations on projects, which are suitable to the goals of the EJF; will oversight the execution of the approved projects, will estimate the results of the completed stages and projects; all final decision will be made by the Board of Governors of the EJF.
Who can apply for funding?
Funding can be provided to legal entities under public and private law (hereinafter: “the Applicant”). Grants may only be approved for such project executing agencies that guarantee orderly management and are in a position to provide evidence that the funds have been used as agreed.
How is funding provided?
As a rule, funding for projects is provided as part-financing, shortfall financing or lump-sum financing. An appropriate contribution on the part of the Applicant is expected. In the planning and implementation of the project, attention must be paid to the cost-effective and efficient use of funds. Project administrative costs shall not exceed 10 percent of the funding approved.
Restrictions on funding
Institutional funding is not possible. Start-up financing is possible only on condition that evidence of the prospect of ongoing project financing can be provided. It is not possible to provide funding for projects whose overall financing is not secure. Fund approvals may not be used to cover budget deficits or cause funding of third parties to be cut.
Applications for funding must be submitted online by completing the online form in English, no later than October 1st for the funding for the following year and in accordance with the aims of the EJF. Applications shall contain a clear and comprehensive description of the project (objectives, target group, measures, project partners and a clear and plausible costs and financing plan) that allows a concluding assessment to be made and a decision to be taken. The EJF has no obligation to make payment prior to the entering into the EJF Application Agreement (hereinafter “the Agreement”) by the funding recipient. The Agreement also lays down the financial settlement and reporting obligations of the funding recipient. The approved monies are collected according to the Agreement. On completion of the project, funding recipients are obliged to provide information in the form of a technical report and a financial report on the development of the project and the project results, and to state the extent to which project objectives were achieved. In the case of larger projects of longer duration, interim reports and statements of account shall be submitted. In the case of larger projects, the EJF may arrange for the provision of project flanking support and evaluation by external consultants. In their public relations work, project partners shall expressly refer to the financial support provided by the EJF.