Can you please specify what exactly is meant by “the expected investments are related to pilot activities with a limited budget and scale.”?

“The expected investments are related to pilot activities with a limited budget and scale” means that the budgeted cost of the investment should be proportional to its added value for the objective of the project. Please refer to the principles of sound financial management in the Chapter D.iii.b of the Interreg Euro-MED Programme Manual.