Overall objective of the EEA and Norway Grants is reducing socio-economic disparities in Europe and strengthening bilateral relations among Czech Republic, Norway, Iceland and Liechtenstein. During the second phase of financial mechanism (2009−2014), which ended in 2017, 4 million euros were allocated to the Bilateral Scholarship Programme. Two types of activities were supported i.e. individual mobility projects and placements (243 projects) and institutional cooperation (77 projects).
In September 2017, the Memorandum of Understanding between the Czech Republic and donor states was signed for the the third period of the EEA Grants 2014-2021. For the Czech Republic, there is prepared 185 million euros from these funds.
Here you can find information regarding the third phase of EEA Grants (2014-2021)