As many of you will know from my previous blogpost (which features also features a simple guide) COST is a Brussels-based intergovernmental network for Cooperation in Science and Technology. It was announced last week that it will receive an extra €10 million from the European Commission.
The Commission had so far withheld part of Cost’s funding for Framework 7. In 2010, the FP7 mid-term evaluation made several criticisms about Cost’s complex governance structure. But the evaluators also said the programme fulfilled its mission nevertheless and should receive “the additional €40m reserved in Framework 7 for Cost”.
In April 2011, the Commission decided to release only €30m for Cost to begin with. In June 2011, Cost launched a revamped strategy aiming in particular to increase efficiency and better demonstrate impact (see RE 10 Nov 11 via link below). The €10m top-up now brings Cost’s overall budget to the planned €250m for 2007-13.
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