The duration of the reporting periods for projects in the South Baltic Programme is six months. Based on the experiences so far, up to 6 months should be assumed from the end of the reporting period until the reimbursement of ERDF funds. For Partners with limited liquidity (e.g. small NGOs) this may imply considerable pre-financing burdens and some risks if underestimating them. However, these burdens can be considerable decreased through measures in the project planning phase as well as during the implementation. The short guidance gives concrete advice for this.

Guidance how to minimise pre-financing burdens

To learn more about reporting go here