The project, called B-Mincome, was presented by Barcelona and was one of 15 selected as part of the European project Urban Innovative Action (UIA). It has received 4.85 million euros of funding, which covers 80% of the total cost of the project. Other participants are Barcelona City Council, the Young Foundation, the Institute of Governance and Public Policies (IGOP), the centre for social innovation Nova, and the IESE Business School. The conclusions will be presented in October 2019.