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Process for approval of funding of Actions

Process for approval of funding of Actions | Financing Processes | Implementation and Monitoring Processes |

The procedure for approving the funding of an operation in the framework of the Programme presupposes the composition and dissemination of open calls for expression of interest, to which the final beneficiaries respond by composing and submitting their proposals to the Managing Authority.

A procedure of evaluation, coordination and finally a decision approving the funding of an operation in the framework of the Programme then follows.

Within the scope of their obligations final beneficiaries must: comply with the legal and regulatory national and community framework, implement the Operation according to the timetable and send monthly and quarterly Monitoring Bulletins. They should also maintain a separate account and separate Financial Folders for each Operation, comply with information provision and publicity regulations, provide information and of course accept and facilitate community and national inspections.

Regarding the procedures of approval of funding as well as the final beneficiaries’ obligations you can consult Chapter 3 (Greek) and Chapter 4 (Greek) of the Management Guidelines respectively.

©2003, Managing Authority of O.P. "Education" ( Last Update: 1/9/2003 )

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