RAMIRI2 Prague 2012

Learning sessionFinance – Introduction

RAMIRI 2, Trieste, 19 June 2012Florian Gliksohn, Jacco Konijn

RAMIRI2 Prague 2012

Three essential questions

1. What are the financial needs of an RI?

2. What funding and financial model to ensure sustainability?

3. How does funding connects with governance?

RAMIRI2 Prague 2012

Main issues to consider

1. What are the financial needs of an RI?- Long-term and complex projects with different needs- How to estimate when information is limited?- What is the scope of the budget?- What risks to consider and how to mitigate them?

2. What funding and financial model to ensure sustainability?- Long-term sustainability requires combination of instruments- Funding and financial management are two different realities

3. How does funding connect with governance?- How to convince an “investor” (i.e. funding agency) to put money in?- What is the reward/return is expected from the “investor”?

RAMIRI2 Prague 2012

Structure of session

1. Case studies (today)- Building the spending profile of three different Ris

- Lifewatch – distributed e-infrastructure- Computing centre- ELI Beamlines – physical infrastructure

- Focus on the risks

2. Reporting and discussion (today and/or tomorrow)

3. Funding models, funding negotiations, financial instruments- How to convince funders?- Focus on structural funds and EIB loans- Discussion on the funding of access