Completed

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

Published 01 Jul 2020

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Published 01 Jul 2020
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Application typeSupport from Other Funders
Application deadline16 September 2020, 13:00 CEST
Relevant thematic areas for this callPolicy and government administration areas
Target groupsResearch organisations
Funding scaleNOK 1 000-500 000
Project duration1-12 months
Contact for the call
Gro MarthinsenIndustri og tjenestenæringergma@forskningsradet.no+4795066234

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Important dates

05 Aug 2020

Date call is made active

16 Sep 2020

Application submission deadline

10 Nov 2020

Grant allocation meeting

01 Jan 2021

Earliest permitted project start

01 Oct 2021

Latest permitted project start

31 Dec 2021

Latest permitted project completion

Important dates

Purpose

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.

Grant applications must clearly demonstrate that the activity is of relevance in relation to the purpose of the Finance Market Fund and that the funding provided will promote activity that would not otherwise 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).

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, as support from the Finance Market Fund is to promote activity that would not otherwise have taken place.

Grant applications must clearly demonstrate that the activity is of relevance in relation to the purpose of the Finance Market Fund. 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?

Who can participate in the project?

Requirements relating to the Project Owner
The research organisation entered as the Project Owner in the application form must have authorised submission of the grant application.

Requirements relating to partners
Only other research organisations may participate as partners and receive Research Council funding.

Other types of organisations, such as companies and other undertakings, are not eligible to receive support for events and may not be project partners, but they may serve as suppliers of R&D services to the project. In such cases, the intellectual property rights related to the result of the supplier’s work activities will become the property of the institution procuring the services.

What can you seek funding for?

Funding from the Finance Market Fund is to be used for planning and carrying out events.

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 ordinary participants in the event will 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 activity is of relevance to the purpose of the Finance Market Fund and that the funding provided will promote activity that would not otherwise have taken place.

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.

Reporting and disbursement of funding

Half of the grant amount will be normally disbursed when the contract is signed, with the remaining half paid out after the event has been concluded.

A final report must be submitted. The final disbursement is contingent on the Research Council’s 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, the number of participants, a summary of achieved objectives and experiences from the event, as well as a copy of the programme

Relevant thematic areas for this call

Policy and government administration areas

Finance markets and economic governance

Practical information

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 included all mandatory attachments. After the deadline, it is the most recently submitted version of the grant application that will be reviewed.

Grant applications and all attachments may be submitted in Norwegian or English. All attachments must be uploaded in PDF format.

Mandatory attachments

  • A project description for events, using the designated template found at the end of this call for proposals.
  • CV for the project manager, using the designated template found at the end of this call for proposals.
  • CVs for key project participants, using the designated template found at the end of this call for proposals.

Applications that do not satisfy the above requirements will be rejected.

Optional attachment

  • A copy of the programme for a similar event held previously.

Please do not attach any documents other than those requested. Links in the application form or project description to websites and documents, as well as other attachments than those specified above, will not be included in the application review process.

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.

Assessment criteria

Grant applications will be administratively processed by the Research Council. 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 2020.

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Messages at time of print 1 June 2023, 18:09 CEST

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