We openly share with you both our successes and our failures, as they can be best explained by numbers:
The EEA Grants funding was made possible thanks to a) a strategic partnership with CulturePolis who provided administrative support to its younger partners Place Identity and SciFy and b) the provision of private loans of 50.000 euros in order for Place Identity to respond to the cashflow restrictions of a funding framework that refunds expenditures after project completion. The difference between income and expenses for 2015 is expected to be covered by upcoming EEA Grants installments.
We are deeply grateful to our partners and supporters for enabling us to successfully tackle the challenges and opportunities of our first funding programme.
