On March 3rd 2014, the Commission adopted its Final Simplification Scoreboard: over 120 measures to simplify the EU funding rules for Europe's businesses, towns, regions, scientists and NGOs.
Documents relating to the final simplification scoreboard
This simplified cost reimbursement options will reduce the administrative burden for all beneficiaries of the ERDF, ESF, Cohesion Fund and the EMFF. Thanks to further simplified cost reimbursement options, a foundation will no longer have to perform a series of complicated calculations for the reimbursement of its costs. For instance, a cancer research foundation receives funds from the EU research and innovation programme Horizon 2020. A simplified method will reduce the risk of errors and will make access to EU funds easier. Therefore the accounting department will no longer have to perform a series of complicated calculations for his reimbursement.
The European Commission has received several excellent project proposals regarding climate mitigation from companies, NGO's, and public entities from a small Member State, along with mediocre project proposals from bigger Member States, which, under the LIFE rules, would have a high indicative national allocation. While, in the past, the national allocation might have blocked out some of these excellent proposals, they would now be retained for funding, as long as they are the best overall and as long as the corresponding budget is sufficient.
The construction of a bridge in Slovakia required the local administration to submit 20 copies of a 350-pages dossier. Thanks to the new "e-cohesion", beneficiaries can now submit data and store documents in electronic form for less paper-work and exchanges and a lower risk of loss of documents.
A shorter deadline for document retention (2 or 3 years from 31 December following the submission of the accounts in which the expenditure of the operation is included) means lower administrative burden for beneficiaries of the ERDF, ESF, Cohesion Fund and the EMFF.
A Spanish company is in charge of a project co-funded by the EU. Provided that all supporting documents are in order, the company should receive the money it is due maximum 90 days after it made its payment claim.
Mr Dupont manages a small printing shop with 100 employees. He would like to invest within his enterprise but he doesn't have any money. He can contact one of the intermediaries working with the EU programmes (mainly banks, guarantee schemes and venture capital funds), submit his request for financing (for instance a loan application to a bank) and, if provided with a positive reply, enjoy the financing needed for his activity.
The full list of intermediaries working with EU programmes is available at: http://www.access2finance.eu
A small farm wishes to receive support from the EU, but is afraid of the formalities and the obligations imposed in comparison to the small amount of support the farm is probably entitled to receive. However, thanks to the new scheme for small farmers and its simplified procedure for aid application, administrative constraints and risk of error will be reduced. In addition, the small farmer will be exempted from stringent obligations (cross-compliance, greening) and the corresponding controls. However, the scheme is optional and not mandatory as proposed by the Commission.