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CLARIFICATION Chapter 10.1 The content of the application dossier Applicant Guide for both large and small projects - Applicant’s financial statements

Date: 03 Apr. 2014

Related to the previous clarification issued  “The Applicant’s financial statements – statement of account approved for 2012 and the last balance sheet (copy)the documents must prove a POSITIVE result of operations (including 0), we mention the following:

This issue will be taken into consideration within the financial and technical evaluation of the proposal, namely the Chapter III. Project feasibility of the evaluation grid, by awarding a lower score and it does not represent an eliminatory criterion during the period of verification of administrative compliance and eligibility.

Also, we reiterate the statement that the applicant will include, in the grant application, the last approved balance sheet of the organization.