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ILETE project is 2 years and a half long and the total eligible costs of the action are estimated at € 967.216,00.

The Executive Agency for competitiveness and innovation (EACI) shall contribute to a maximum of € 473.382,00 equivalent to 48,94% of the estimated total eligible costs indicated in the grant agreement.

ILETE project will benefit of one pre-financing at the beginning of the project and of a second pre-financing at the end of the interim period. The payment of the balance will be done at the end of the project.

For more details on financial issues please refer to EACI website:

http://ec.europa.eu/energy/intelligent/index_en.html