GLOSSARY

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • Financial management
Balance sheet

A document that depicts the situation in a company in that moment. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • Financial management
Banks

A financial institution that mediates in payment operations and money is the main product for them. It is a financial institution that accepts deposits from the public and creates credit.

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • Financial management
Budget

A budget is an estimation of revenue and expenses over a specified future period of time.

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • Financial management
Business angels

An angel investor provides financial backing for small startups or entrepreneurs. They are looking for a business or good idea to invest their savings usually in return they get a shareholding in the business.

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • EU programme awareness
  • Financial management
Business plan

It is a roadmap for your business that outlines goals and details how you plan to achieve those goals.

AREAS |

  • EU procurement / tenders
  • EU programme awareness
  • EU Single Market
Call (also: call for proposals, call for applications or call for tenders)

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding. There are several types of calls (with special submission or evaluation schemes): 2-stage calls calls with multiple cut-off dates invitations to submit a proposal Calls are often divided in topics (call and topic are often used as synonym). Source: European Commission, H2020 Participant Portal http://ec.europa.eu/research/participants/portal/desktop/en/support/reference_terms.html

AREAS |

  • Access to non-grant finance
  • Business planning and management skills
  • Financial management
Cash flow

The Cash Flow Statement measures whether a company generates enough cash to meet its operating expenses.

AREAS |

  • EU procurement / tenders
  • EU programme awareness
  • EU Single Market
Civil society

The term civil society covers: labour market organisations (e. trade unions and iployers' federations — the 'social partners') organisations that represent social and economic interests (g. consumer organisations) NGOs (non-governmental organisations) — groups bring people together for a common cause (g. environmental organisations, human rights organisations, charities, educational and training organisations) CBOs (community-based organisations) — community interest groups (e.g. youth organisations, family associations and any organisations that enable people local and municipal life) religious groups. Source: European Commission, H2020 Participant Portal http://ec.europa.eu/research/participants/portal/desktop/en/support/reference_terms.html

1 2 3 4 5 6 7 8