Fit 4 Horizon 2020 Financial support for companies preparing a European research project Fit 4 Horizon 2020 helps small and medium-sized enterprises (SMEs) in Luxembourg prepare European project proposals in a more confident and structured way. The aim of this national subsidy is to help beneficiaries increase their chances to be part of innovative projects with attractive funding. Fit 4 Horizon 2020 encourages Luxembourg companies to participate in European projects by covering part or all of the costs induced by the proposal set-up and drafting process. The grants awarded correspond to 5% of the requested EU co-financing. Project coordinators can receive a maximum of €15,000 and project participants a maximum of €5,000. The grants make it possible for less experienced companies to take an experienced consultant on board in order to get help to better understand and meet the requirements outlined in European calls for proposals. Cooperation with an external expert is mandatory for companies acting as project coordinators. Eligible programmes include Horizon 2020, Eurostars, and the Active and Assisted Living Joint Programme (AAL). Fit 4 Horizon 2020 has been initiated by the Ministry of the Economy and is managed by Luxinnovation. Eligibility conditions In order to be able to benefit from Fit 4 Horizon 2020, companies should: be constituted under Luxembourg law and engage in an effective economic activity on the Luxembourg territory be well managed have the necessary financial resources to manage the part of the project that will not be covered by EU co-funding have knowledge in the fields that are covered by the project proposal not apply for Fit 4 Horizon 2020 aid more than once for the submission of an identical project. The resubmission of a project proposal will thus not be eligible In order to benefit from Fit 4 Horizon 2020 as project participant, companies should also: employ less than 250 people in Luxembourg at the date of the call publication have benefited from less than €40,000 of aid provided by the previous the Fit 4 Europe scheme and by Fit 4 Horizon 2020 Restrictions Certain restrictions apply to the granting of Fit 4 Horizon 2020 aid: Fit 4 Horizon 2020 aid cannot be granted to more than three projects coordinated by the same company within one year The amount granted under Fit 4 Horizon 2020 cannot exceed 5% of the requested EU financial contribution of the project proposal concerned The attribution of Fit 4 Horizon 2020 aid is subject to budget availability.