EC Funding Update – July 2010
The Milamber CDO Consortium has had some positive initial news to our EC Funding application.
We have had back our Evaluation Summary from the EC Funding process for the Milamber CDO Project – in summary we scored 12.5 out 15 which is classified as a ‘very good’ score and effectively puts us in the ‘eligible for funding’ score range of between 10.0 and 15.0 points.
However, we still do not know whether we have got (or not) any funding!
That information is still to follow…………all that we are told is that it basically boils down to how heavy the competition is / was, and how many parties the EC have decided to fund in the end.
PERA will be finding out over the next few days ‘when’ we get to know that important piece of news. We will keep you posted!
Summary of Scoring System:
0- The proposal fails to address the criterion under examination or cannot be judged due to missing or incomplete information
1- Poor. The criterion is addressed in an inadequate manner, or there are serious inherent weaknesses.
2- Fair. While the proposal broadly addresses the criterion, there are significant weaknesses.
3- Good. The proposal addresses the criterion well, although improvements would be necessary.
4- Very Good. The proposal addresses the criterion very well, although certain improvements are still possible.
5- Excellent. The proposal successfully addresses all relevant aspects of the criterion in question. Any shortcomings are minor.
The proposal must score the minimum threshold of 10 to be eligible for funding.
Our Scores for each section:
Section 1 – Scientific 4.0 / 5.0
Section 2 – Management 4.5 / 5.0
Section 3 – Exploitation 4.0 / 5.0
Section 4 – Ethical N/A
Total 12.5 / 15.0
For those who like percentages: 83.3%
