How success rates in European funding opportunities can be misleading


In this training video that I have produced from Norway for another training and meeting, I am digging deeper on how to select the most attractive funding opportunity for your organisation or for your clients and how the widely used indicator of success rate can be very misleading.

I highlight that by far more important is first the success rate among proposals that have received a total mark above the threshold and secondly the indicator that shows how many proposals are expected roughly to get funded. Both indicators can be easily derived based on some factual data that are publicly available. Then as a third priority we can look (not essential) on the official success rate (no. of granted proposals vs no. of total submitted proposals) but as I highlight in my video this can be misleading since the official success rate that the European Commission uses, considers also the proposals that should have never been submitted (their total mark was lower than the total threshold).

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Finally, I provide below 5 key-messages I kept from this video that everyone should remember that wishes to be a great funding expert with value. The photos as background are taken from the place that this video was produced, i.e. from Norway.

 

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Nikolaos Floratos

About Nikolaos Floratos

Nikolaos Floratos after his undergraduate and postgraduate studies with distinction as engineer in London (Imperial College, City University), UK, has been working for a number of consultancy and Information Technology companies as consultant and project manager across Europe. He completed also an MBA (Master in Business Administration – National Technical University of Athens and Athens University of Economics and Business) and the last 19 years he is involved in planning, managing and evaluating large and small projects in the area of research, education, ICT (Information Communication Technologies), social inclusion, entrepreneurship, standardization and consumer issues. As a funding expert, personal trainer and coach, he has supported hundreds of individuals and organisations mainly from Europe but also from all over the world on managing state funding (e.g. from European Commission, National Funds, etc) and receive support for deploying their business idea or mission and he has proved that anyone can become a great proposal writer or project manager of european funded projects through proper guidance, training and coaching. He is an expert on behalf of the European Commission on evaluating and reviewing projects and proposals since 2003 and currently, he researches through a PhD how eLearning courses can increase students’ engagement and motivation.
He is the creator of the Funding Expert Transfomation Process™ system that can transform anyone to a great proposal writer and project manager of european funded projects.
He is also interested in investing in highly innovative start-ups and SMEs and he is member of the European Business Angel Network and of the Institute of Leadership and Management. He has received more than 50 recommendations at his linkedin profile (www.linkedin.com/in/floratos) as a funding expert, coach and trainer. He is also the author of the ebook “Who are the Horizon 2020 champions and what to learn from them”. He is also listed in the top first three search results by google as “Funding expert”.