| Title: |
Effective project management of 3rd party funding in European Union Horizon Industry4.0 projects: sharing experiences from two use cases |
| Authors: |
Fair, Nic; Nizamis, Alexandros; Modafferi, Stefano; Wajid, Usman |
| Publication Year: |
2023 |
| Collection: |
University of Southampton: e-Prints Soton |
| Description: |
To reduce the risk and the required bureaucracy for accessing public funding, the EC has developed a mechanism to grant money to consortia to be used to fund to startups, SMEs and Midcaps to start, evolve or transition their offer to increase their competitivity in the market, in turn providing benefit for the entire European economy. This paper presents the experience in managing what is actually 3rd party (or cascading) funding in two different European Innovation Action Projects in the manufacturing domain. The paper discusses the design and implementation phases and provides the detail on how to manage the processes to ensure fairness, efficiency, and effectiveness that is lacking from the EC’s formal documentation. |
| Document Type: |
article in journal/newspaper |
| File Description: |
text |
| Language: |
English |
| Relation: |
https://eprints.soton.ac.uk/476270/1/1_s2.0_S1877050923005124_main.pdf; Fair, Nic, Nizamis, Alexandros, Modafferi, Stefano and Wajid, Usman (2023) Effective project management of 3rd party funding in European Union Horizon Industry4.0 projects: sharing experiences from two use cases. Procedia Computer Science, 219, 1985-1993. (doi:10.1016/j.procs.2023.01.499 ). |
| Availability: |
https://eprints.soton.ac.uk/476270/; https://eprints.soton.ac.uk/476270/1/1_s2.0_S1877050923005124_main.pdf |
| Rights: |
cc_by_nc_nd_4 |
| Accession Number: |
edsbas.8B201639 |
| Database: |
BASE |