Education, Audiovisual and Culture Executive Agency

1
Education, Audiovisual and Culture Executive
Agency

• virve.indren_at_cec.eu.int

2
SLATE FUNDINGMinimum 3 projects

• SLATE 1 SLATE 2
• ? 60.000 ? 100.000
• ? 70.000 ? 110.000
• ? 80.000 ? 125.000
• ? 90.000 ? 150.000
• 10.000 (20.000 for fiction) 50.000
• per project
• (exception for Slate 2
• Feature animation max 80.000 )

3
NO MORE CREDIT LINE!

• MINIMUM 3 PROJECTS INCLUDED IN THE CONTRACT

4
WHERE IS MY MONY ?!

• NO MORE EXPENDITURE PROPOSALS!
• 50 after the signature of the agreement
• 30 after progress report (18 months)
• 20 after final report (26 months)

5
BUDGET

• No cents !
• Only eligible costs !
• Recheck your calculations !
• Expenditure and Sources of Finance in balance !
• Overhead allowance max 7
• (since 2003 no contingency !!!)
• Euro rate official rate of the month
  (http//europa.eu.int/comm/budget/inforeuro/files.
  htm)

6
ELIGIBLE COSTS

• Rights (heading 1 of the budget) 1 year prior to
  the date of application
• Others (headings 2 to 6) according to the choice
  of the company starting from
• ? the date of application, or
• ? the date of signature of the agreement
• All ending 24 months after the signature of the
  agreement

7
REPORTING (1/4)

• Start date of eligible costs 8/02/2005
• Signature of the agreement 16/11/2005
• ? 50 paid (pre-financing) 45.000
• Progress Report 18 months 16/05/2007
• ? 30 paid (pre-financing) 27.000
• Eligible costs end 24 months 16/11/2007
• Final Report 26 months 16/01/2008
• ? 20 paid 18.000

8
REPORTING (2/4)

• PROGRESS REPORT
• Not later than 18 months from the signature
• Costs incurred for each project
• Proofs of payments to writers
• Bank statement proving that 70 of the first
  instalment has been used
• - Proofs of progress
• To be signed by the beneficiary
• ? 30 paid (pre-financing)

9
REPORTING (3/4)

• FINAL REPORT
• - Not later than 26 months after signature
• - Costs incurred for each project
• Proofs of payments to writers
• Proofs of progress
• Info on entry into production
• - Reinvestment application(s)
• - To be signed by beneficiary and certified by
  approved auditor

10
REINVESTMENT PROPOSAL INCLUDED IN FINAL REPORT

• ? Only at the end of the agreement!
• FINAL REPORT combines
• Project accounts
• Reinvestment application(s) if applicable
• Final activity report on the impact of slate
  funding
• -gt All approved together payment of the balance
  and closure of the agreement!