The initial MagTop funding is for 5 years, i.e., till 31st January 2022. MagTop strives to report important achievements during mid-term evaluation after 36 months of project operation, which – in accordance with the rules of the IRA programme – will allow it to apply for prolongation of the funding. Recently, MagTop received additional financing in the amount of 6 million PLN (about 1.5 M€), which will allow to extend its operation until December 31, 2023.
After December, 2023 MagTop is expected to carry on its mission via project and statutory funding. According to Polish regulations, any scientific unit can obtain statutory funding, with its level depending on the number of researchers and unit’s category determined by scientific output and research-related activities. The awarded statutory support, together with funding by national, EC, and oversea grants, hopefully enriched by licenses/patents-related revenues and partnerships with the industry, will hopefully make it possible to continue vigorously the MagTop mission beyond December 2023.