Agreement on "#HORIZO2020": the EU’s research and
innovation programme for the years 2014 to 2020.
Simplification is a central aim of Horizon 2020. A simplified funding model will be used for the reimbursement of activities. It will be based on a single reimbursement rate for eligible costs that will be applied to all activities within an action. The reimbursement would reach a maximum of 100 % of the total eligible costs of an action, with a ceiling of 70 % for those innovation actions closer to the market and for programme co-funded actions. Non-profit organisations will benefit a reimbursement of maximum 100% also in innovation actions. A flat rate of 25% of the total direct eligible costs will be reimbursed to cover indirect costs.
See on www.consilium.europa.eu