CETIC funding sources are:
- The subsidies granted by the Convergence Objective in Hainaut through two research conventions co-financed by the European Regional Development Fund (FEDER), two convention facilities and a recovery convention also co-financed by FEDER, all of which are co-financed by the Walloon Region.
- The subsidies granted by the Walloon Region in connection with the financing of the technological “guidance” cell, which co-funds Sixth Framework Programme projects and collective research.
- The turnover arising from collaborative research contracts; for example, through the Seventh Framework Programme.
- The turnover arising from research contracts and from services to third parties through the use of research results.
The distribution of CETIC’s financial resources is well balanced, and the
rate of CETIC’s self-funding is maintained above the 50% level prescribed
by the Walloon Region.
R&D activities and services offered by CETIC to industry specifically target Walloon SMEs.
