36. How will funding be allocated?

Answer: 

Funding is made available by the EIT to the KIC for a portfolio of activities and in line with the principles for financing, monitoring and evaluation of KIC activities. Each KIC launches its calls in the thematic field in accordance with the KIC’s 7-year Strategic Agenda and objectives, and selects specific projects. The project selection procedures of each KIC are monitored by the EIT. KICs also participate in Cross-KIC projects.