Effective project management of 3rd party funding in European Union Horizon Industry4.0 projects: sharing experiences from two use cases

To reduce the risk and the required bureaucracy for accessing public funding, the EC has developed a mechanism to grant money to consortia to be used to fund to startups, SMEs and Midcaps to start, evolve or transition their offer to increase their competitivity in the market, in turn providing benefit for the entire European economy.