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good morning Welcome to our webinar on lump sum funding in Horizon Europe thank you for joining us sorry for the very small delay we get started now before I would like to give you few organizational hints on how this webinar is going to be organized we have about two hours to explain lump sum funding and discuss with you Im going to start with a short presentation around 30 minutes trying to cover the basic principles and how it works in practice and then in a second part of the webinar we have two guests we are happy to have two web two guests that have already experience with ongoing lump sum grants you might know that we started to test this already in 2018 so a lot of active grants that are ongoing now already provide experience and these two guests are going to share theirs with you and then in the third part theres going to be plenty time or for you to ask your questions for that I invite you to go to slido.com use the hashtag lump sum youll find those details also on the eve