TEIN4 is supported by the European Commission with a contribution of €8 million covering 50% of the project costs. The remaining funds are provided by the partners on the basis of a cost-sharing model.
Furthermore, the Ministry of Science, ICT and Future Planning (MSIP) of the Republic of Korea supports the operation of the TEIN*Cooperation Center and Project management costs by the telecommunication promotion fund. Seoul Metropolitan City Government has also contributed TEIN*Cooperation Center office and facilities and property management costs.
This project has been extended until November 2016; discussions with the European Commission about the next project phase are underway.