Project budget and financing
In total the project has a budget of € 770,497.45. The project is co-financed with 85% ERDF (European Regional Development Fund) as well as in case of Austrian partners with 15% and in case of Hungarian partner with 10% national contribution. Besides the European Commission the following institutions/states co-finance the project:
- Country Hungary
- CAMPUS 02 University of Applied Sciences GmbH
- PROFACTOR GmbH
- FOTEC Research and Technology Transfer GmbH
- The federal state of Burgenland
| ERDF | National contribution | |
| Pannon Business Network Association | € 288,222.25 | € 33,908.50 |
| Campus 02 University of Applied Sciences | € 128,129.00 | € 22,611.00 |
| PROFACTOR GmbH | € 122,400.00 | € 21,600.00 |
| FOTEC Forschungs- und Technologietransfer GmbH | € 125,800.00 | € 22,200.00 |
| Forschung Burgenland GmbH | € 185,446.85 | € 32,725.92 |
| Total | € 849,998.10 | € 133,045.42 |