The project budget template is an essential part of the application form and needs to be filled correctly in order for your application to be processed and evaluated. In the budget section you are required to fully outline both the income and expenditure, and also include any supporting documentation as required, if this is available at application stage.<\/p>\n\n\n\n
The Funding Schemes 2025 have an aid intensity that varies between 50% and 100%. The schemes support the amounts indicated as Co-Funding in the applicable guidelines and regulations. The applicant is required to co-fund or find other sources to co-fund the remaining percentage of the costs required to implement the project (for example 20% in the case of an 80% Co-Funding aid intensity).<\/p>\n\n\n\n
The maximum eligible amount is the maximum amount of each grant that the scheme may support. This information may be obtained by referring to the guidelines and regulations of the specific funding scheme.<\/p>\n\n\n\n
These budget guidelines are for prospective applicants of the Funding Schemes 2025 offered by Arts Council Malta. All schemes are competitive and it is advisable to read these guidelines before you submit your application.<\/p>\n\n\n\n
Completing the budget section<\/p>\n\n\n\n
The budget section in the online application gives the evaluators the necessary information needed to be able to consider the financial viability of your proposed activity. The budget template is an essential tool to outline the costs (expenditure) and forecast the amount of money it will generate (income) as well as any other funding already secured or needed to ensure the feasibility of your activity. It is crucial that you provide a realistic budget based on supporting documentation.<\/p>\n\n\n\n
This guidance will help you to present a balanced budget, and we advise you to provide a clear breakdown for each entry to show us how you have reached your figures.
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