ASSET (Action to Strengthen Small European Towns)
Project Description


FINANCE

19.  Beyond the preparatory phase

ECOVAST has undertaken the preparatory phase, with financial support from SEEDA, Yorkshire Forward, APURE and CRC.

Contributing Partners joined the Organising Group on the basis of 2,000 euro a year for three years. Other partners contribute ‘in kind’.

 

20. In Kind contributions
Monte, Portugal has assisted ‘in kind’ in the work of attracting potential partners for INTERREG, and in devising work programmes.

ECOVAST’s contribution is made in kind (instead of 2000 euro for three years), in terms of staff-time (focused particularly on identification of potential sources of matching funds) and office support, as manager of the project. ECOVAST has undertaken research questionnaires and analysis; has provided speakers to make presentations at conferences and seminars; and has devoted time to meetings and contact with potential partners of INTERREG.

21. Because many small towns will not be able to afford an annual contribution of 2000 euro, they have the opportunity to join ECOVAST as a member organisation (annual subscription fee currently 70 euro) so that they may be kept informed of the progress and detail of the ASSET Project.
 

22. So that funding from European Union sources, such as INTERREG, and from International Foundations, can be received and monitored, an ACCOUNTABLE BODY is necessary. For receiving money from foundations and charitable trusts we are seeking an organisation that has experience of accountability for European Union funding, and could handle finances, effectively treasurer for the for the ASSET project as a whole. Those services will necessitate expenses to cover staff time and overheads. Although partners of the project, they would not contribute 2000 euro a year.
 

23.  A substantial proportion of the income will be covered by contribution from partners – at 2000 euro per partner per year.  
 

24. Opportunities will be taken to seek funds from European Commission sources, particularly for a Congress of Small Towns towards the end of 2011.
 

25.  The remainder would be sought from International Foundations.

 


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ECOVAST c/o Mrs Valerie CARTER (President)
“Sherborne”, Ingleden Park Road, Tenterden, Kent TN30 6NS, UK
(Tel +44 1580 762379 E mail carter73@btinternet.com)