A steering committee meets every month to approve projects so that it can grant subsidies quickly. Applicants can now send in applications for June. Eligible projects must be innovative, contribute to the economic, social and / or environmental development of a southern Mediterranean country and involve stakeholders from three different countries (including at least one of the southern Mediterranean). Types of organisation eligible are companies, labs, research centres under contract, Economic Interest Groups, associations and professional federations based in the EU and which have less than 250 members of staff. For more information: http://www.faro-um.org/.