For institutions operating in the field of arts and culture, taking part in subsidised programs is a favourable – not to say often the only – way to conduct large-scale projects. The many options of participating in various EU-funded grant programs provide cultural facilities with the opportunity not only to internally optimise their holdings but also to closely co-operate with partner institutions from the cultural, as well as from other industries, thus exchanging knowledge and experience, professionally networking on a cross-border level, and laying the corner stone for potential future projects. As a positive side effect, the interconnectedness and often public-oriented aims almost always imply potentially high publicity effects for all participants. Notwithstanding the undisputed benefits accompanied by EU-projects, it must be kept in mind that they also involve a great deal of administrative effort that must not be underestimated.