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Action Item: Discuss in next meeting whether or not its worthwhile to proceed with finalisation of Budget & Proposal details without knowing the exact details of the call. Advantage: We use the time until the call is out to get ready and to establish a baseline for a full budget. The latter will make it easier to implement cuts if the funding call only allows for a smaller budget envelope like £7M or £10M. Disadvantage: Comes with a work overhead as not clear how the call will look like (exactly).