Page 23 - Memora anual Fundación CIEN 2015
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2. MANAGEMENT REPORT
2.1. General management
The income budget managed by CIEN Foundation incoming grants researchers enjoy three years
during the year 2015 slightly surpasses the 2.5 million of funding in Spain. The project, financed by
Euros, arising mainly from the ISCIII annual contribu- the European Union, envisages the
tion, which amounted in 2015 to 825,000 €. It is re- participation of host institutions as legal
markable, once again, the effort and commitment entities in which the researchers selected for
of the Queen Sofia Foundation with the research support of the project M+VISION conduct
work carried out by CIEN Foundation, materialized their training. The program offers grants of a
on an income above 400,000 € in 2015, in addition to total duration of three years, consisting of a
the transfer of use of the building and equipment. year of scholarship and two-year contract
plus contributions for research expenses and
During 2015 CIEN Foundation continues to manage travel. The first year the researchers receive
the following actions: funding from the Region of Madrid and the
scholarship takes place in a primarily
• Cooperation agreement between the ISCIII and academic environment, while the second
CIEN Foundation for the development of the and third years are directly employed by host
strategic agenda of the European Union Joint organizations, making a more market-
Program in Neurodegenerative diseases, oriented research.
particularly Alzheimer's disease (JPND) through
the participation of CIEN Foundation in the 2.2. Management of financial and
European Network of Centers of Excellence economic resources
(COEN). ).
The CIEN Foundation is a statewide under the Mi-
The International Network of Centers of nistry of Economy and Competitiveness.
Excellence in Research on
Neurodegenerative Diseases (COEN) has Revenues of the institution consist mainly of grants,
approved funding for five "Pathfinder" donations and operating legacies and capital re-
projects for an amount of around three million ceived from Public Administrations and other institu-
euros. The Foundation has committed 550,000 tions, companies and individuals.
€ to finance projects selected in this call,
which will be carried out by CIBERNED groups. The Carlos III Institute of Health, exercising their func-
tions of planning, development and coordination of
• Collaboration agreement between the biomedical and health research and innovation re-
Foundation for Knowledge Madridmasd and solves to grant the CIEN Foundation with a nomina-
CIEN Foundation to regulate the participation of tive allocation for current expenditure for the year
the Foundation as host institution in the 2015 of 675,000 € and a nominative allocation for
M+VISION program under the FP7-PEOPLE-2011- capital expenditures of 150,000 €. The allocation co-
COFUND call,. The project funded by the rresponding to fiscal year 2014, experienced a signi-
European Union provides for the participation of ficant budget reduction compared to previous
host institutions as legal entities in which the years, due to different factors such as the termina-
researchers selected for support within the tion of several cooperation agreements between
M+VISION program conduct their training CIEN Foundation and other institutions, which were
through research. distant from the aims of the Foundation. Also, by re-
solution of ISCIII a nominative allocation of 50,000 €
The M + VISION project includes two types of for 2014 was granted to the CIEN Foundation.
assistance depending on the type of mobility
involving: incoming and outgoing. In the
CIEN Foundation Annual Report 2015 / 23