On 21 November 2013, Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science, made a statement on Horizon 2020.
The Horizon 2020, the EU's €70.2 billion framework programme for research and innovation in 2014-2020, was approved by Members of the EP on the same day. Parliament amended it to improve support for small firms, attract more people into science and more scientists to join the programme, and earmark funding for non-fossil energy research. The agreed budget for 2014-2020 is €70.2 billion (at 2011 prices). The biggest headings are "Societal challenges" (39% of the total budget), "Excellent science" (32%) and "Industrial leadership"(22%). SHOTLISTLINK