What kind of funding does it provide?
The programme may provide funding in any of the forms laid downs in the Financial Regulation, in particular in the form of grants, prizes and procurements. It may also be used in combination with other financing instruments (e.g. blending operations) from the European Investment Bank (e.g. HERA Invest), from national promotional banks or from other development or public financial institutions, as well as in combination with financing from private-sector finance institutions and from public-sector or private-sector investors, including through public-public or public-private partnerships.
Grants paid by the Programme shall not exceed 60 % of eligible costs for an action relating to an objective of the Programme or for the functioning of a non-governmental body. In cases of exceptional utility, the contribution by the Union may be up to 80 % of eligible costs. Actions with a clear Union added value shall be considered to have exceptional utility, inter alia, where:
| (a) | At least 30 % of the budget of the proposed action is allocated to Member States whose GNI per inhabitant is less than 90 % of the Union average; or |
| (b) | Bodies from at least 14 participating Member States participate in the action, of which at least four are Member States whose GNI per inhabitant is less than 90 % of the Union average. |
In the case of the direct grants referred to International Organisations (WHO), such grants may be up to 100 % of eligible costs.
Besides “traditional” procurement, in cases where the emergence or development of a serious cross-border threat to health has been notified under Article 9 of Decision No 1082/2013/EU, or where a situation of public health emergency has been recognised under Article 12 of that Decision, procurement under this Regulation may take any of the following forms:
| (a) | Joint procurement with the Member States as referred to in Article 165(2) of the Financial Regulation whereby Member States may acquire, rent or lease fully the jointly procured capacities; |
| (b) | Procurement by the Commission on behalf of the Member States on the basis of an agreement between the Commission and the Member States; |
| (c) | Procurement by the Commission acting as wholesaler by buying, stocking and reselling or donating supplies and services, including rentals, for the benefit of Member States or partner organisations selected by the Commission. |