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foreign hello and good morning Welcome to our webinar on lump sum funding in Horizon Europe my name is Peter Hertrich I am a head of unit in the European commissions directorate general for research and innovation responsible for the business processes for implementing the grants in Horizon 2020 and Horizon Europe I am here today with my colleagues Benedict charbonel and Ulrich enchil who will guide you through the agenda of our event coming to the agenda we will start with a short presentation of the main features of lump sum funding that my colleague Ulrich gentle will give you in a minute this will be followed by a panel discussion and for this panel discussion we will also welcome two external participants from Siemens acting and from the French organization are means I will introduce them in more detail when we come to this part of the agenda but we will also want to have feedback from you as the external participants of this event so we will have uh quite some time for a questi