What amounts can be transferred between budget headings and between participants?
The amounts that can be transferred without prior approval of the Commission are: • Market Validation projects: Beneficiaries may transfer budget between themselves provided that the amounts transferred do not exceed 20% of total budget for the project of the receiving participant and provided that they inform the Commission of such transfer confirming that the scope of the project is not fundamentally altered. Each beneficiary may transfer budget, without the agreement of the other beneficiaries, between categories of eligible costs, provided that the transferred amount does not exceed 20% of its total eligible budget for the project, that the budget for subcontracting is not increased and that the scope of the project is not fundamentally altered. Any other properly substantiated transfer approved by all the beneficiaries shall require prior written approval by the Commission. However, the budget for the costs for the protection of knowledge may not be the subject of a transfer to ot
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