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ANNEX 5MODEL FOR THE certificate ON THE financial statements (extract from H2020 Model Grant Agreements: H2020 General MGA: July 2016) For options [in italics in square brackets]: choose the applicable
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Who needs extract from h2020 model?

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The extract from h2020 model is primarily needed by organizations or researchers who are involved in Horizon 2020 (H2020) funded projects.
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It is required for reporting purposes and to provide an overview of the project's key information.
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The extract helps in showcasing the project's objectives, outcomes, and its contribution towards achieving the goals of H2020 research and innovation program.
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Additionally, stakeholders, funding agencies, and regulatory bodies may also require the extract to assess the project's progress, impact, and compliance with the H2020 program guidelines.

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The extract from H2020 model is a document that summarizes the financial and operational activities of an organization participating in the Horizon 2020 framework program.
Organizations and entities that have participated in Horizon 2020 projects and have received funding are required to file the extract from H2020 model.
To fill out the extract from H2020 model, you need to gather all relevant financial and operational data related to your Horizon 2020 participation and enter it into the standardized form provided by the European Commission.
The purpose of the extract from H2020 model is to provide a transparent and accountable overview of how funding has been used in Horizon 2020 projects, facilitating financial oversight and evaluation.
The extract must report financial data such as total funding received, expenditures, project outcomes, and any relevant indicators of success or impact.
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