Payments and project administration

Funding will be paid in one or two instalments

The Fund will pay the grant in one or two instalments, depending on the size of the grant and the type and length of the project:

• The grant is paid in a single instalment if the grant is up to and including DKK 100,000, or if a project period is less than six months.
• The grant will be paid in two instalments when the grant is more than DKK 100,000 and the project period is longer than six months.

As a general rule, payment must be requested no later than one year after the date you received the decision from the Fund.

Bank Verification Letter

When you send the first payment request via My Page, remember to attach a bank verification letter confirming that the account to which you wish to receive payment belongs to you or the project receiving the grant. This is a special document from the bank.

Specific conditions

There may be specific conditions attached to your funding. You must meet these conditions before we are able to pay out your grant. The specific conditions are stated in the grant decision email from the Fund.

If you are asked to submit an updated budget, we recommend using the Fund’s budget and accounting template. The document can later be updated and submitted as the accounts for the final report.

Changes in the project?

Funding may be used only for the purposes described in the application. Significant changes to the submitted application must be approved in advance by the Fund’s secretariat. For example, significant changes in:

• the Nordic countries taking part
• partners
• project period
• budget

You must also contact the Fund if you want to assign formal responsibility for the project to someone else, or if you replace the project lead. Minor changes to participants, timetable or programme do not require approval by the Secretariat.