Support for Events Focused on the Functioning of the Financial Market and Ethical Awareness

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Purpose

The Finance Market Fund provides funding for research projects and public awareness initiatives concerning financial markets. The fund is designed to help to increase knowledge about how financial markets function and to promote greater understanding of relevant ethical issues.

Funding under the Finance Market Fund is to support research, education or public awareness initiatives related to the functioning and role of the financial market. Projects may address deficiencies in the system, ethics and good business practices in the relevant areas as well as consumer interests. Funding will not be granted for individuals to pursue ordinary occupational education activities.

This call for proposals is to provide support for events that focus on the functioning of financial markets and that will promote greater understanding of relevant ethical issues. Support from the Finance Market Fund is to be targeted towards spheres of activity relating to the securities market (see Section 7 of the rules set out for the Finance Market Fund (in Norwegian). Support may also be targeted towards banking and insurance activity, other areas of the financial market and accounting and revision.

The grant application must clearly demonstrate that the event is of relevance in relation to the purpose of the Finance Market Fund and that the funding will promote activity that would otherwise not have taken place. The grant application must also describe the potential ramifications if the funding amount awarded is smaller than what was originally sought.

Please see the rules set out for the Finance Market Fund at www.finansmarkedsfondet.no (in Norwegian only).

Important dates

14 Aug 2019

Date call is made active

25 Sep 2019

Application submission deadline

12 Nov 2019

Grant allocation meeting

25 Nov 2019

Earliest permitted project start

24 Nov 2020

Latest permitted project start

31 Dec 2020

Latest permitted project completion

Important dates

About the call for proposals

The event for which funding is being sought may not have started or have already been held when the Board of Directors is processing the applications, because support from the Finance Market Fund is to promote activity that would not otherwise have taken place.

Applications must clearly demonstrate that the event is of relevance in relation to the purpose of the Finance Market Fund and that the funding will promote activity that would otherwise not have taken place. The grant application must also describe the potential ramifications if the funding amount awarded is smaller than what was originally sought.

All information material prepared in connection with the event must clearly state that the event is supported by the Finance Market Fund.

The Norwegian-language call for proposals is the legally binding version.

Who is eligible to apply?

The call is open to approved research organisations.

Who can participate in the project?

Requirements relating to the Project Owner

The organisation listed as the Project Owner in the grant application must have approved the submission of the grant application to the Research Council.

What can you seek funding for?

Funding from the Finance Market Fund is to be used for planning and carrying out events. The funding award may comprise a maximum of 50 per cent of the total approved project costs. Applicants may seek up to NOK 500 000 per event.

Approved costs in connection with the event are:

  • Payroll costs in connection with planning and carrying out the event;
  • Costs for hire of a venue, materials, procured services, and travel and accommodations for invited presenters. Note that travel expenses for participants in the event may not be covered.
  • If a participation fee is required, this is to be presented in the budget and final accounts. The participation fee may constitute part of own financing.

It is particularly important that grant applications clearly demonstrate that the event is of relevance in relation to the purpose of the Finance Market Fund and that the funding provided will promote activity that would otherwise not have taken place.

Half of the grant amount will be disbursed when the contract is signed, with the remaining half paid out after the event has been concluded. A final report must be submitted. Disbursement is contingent on approval of the submitted final report and project account report. The final report must include a list of presentations and where they may be found, a list of participants, a summary of achieved objectives and experiences from the event, as well as a copy of the programme.

Support from the Finance Market Fund is to go to the non-economic activity of research organisations. Funding recipients are required to have a clear separation of accounts for the organisation’s economic and non-economic activities. Companies will not be eligible to receive support to cover projects costs and may not receive indirect support through the granting of any rights to project results. Support allocated under this call therefore does not constitute state aid.

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Relevant thematic areas for this call

Government administration areas

Requirements for this application type

You may revise and resubmit your grant application form multiple times up to the application submission deadline. We recommend that you submit your application as soon as you have filled in the application form and uploaded all mandatory attachments. After the deadline, it is the most recently submitted version of the grant application that will be processed.

  • The grant application, including all attachments, must be submitted in Norwegian or English.
  • All attachments must be uploaded in PDF format.

The designated templates for the attachments are found at the end of this call.

Applications must fulfil the following requirements:

  • The applicant/Project Owner must come from an eligible category of institution.
  • The grant application must lie within the scope/satisfy the objectives of this call.
  • The funding amount sought, expenses to be covered and any own financing to be provided must be in keeping with the framework of the call.
  • The budget must be formulated correctly to clearly indicate what the funding will cover.
  • The application form must be fully completed.
  • The required attachments must be included using the designated templates.
  • The project description must provide answers to the items set out in the text of the call.

All items in the project description template must be completed. Responses to each item should be as concrete and clear as possible.

Mandatory attachments

  • A project description using the designated template for this application type.
  • A CV for the project manager, using the designated template.
  • CVs for key project participants, using the designated template.

Grant applications that do not satisfy the above requirements will be rejected.

There is no technical validation of the content of the attachments you upload, so please make sure that you upload the correct file for the selected type of attachment.

Administrative procedures

Grant applications will be processed by the Research Council administration.

The Board of Directors of the Finance Market Fund is responsible for the final decisions regarding grant allocations.

Final decisions on allocation of funding are planned to be announced in mid-November 2019.