A major new research and innovation programme, Horizon 2020, has been launched by the European Commission. The programme will run for seven years and will provide funding of approximately EUR 80 billion. Horizon 2020 is the biggest research programme in the European Union (EU) and one of the largest publicly-funded programmes globally. Read more…
Horizon 2020 represents a consolidation of the EU’s research budget and is designed to reduce red tape, simplify application rules and make it easier for organisations, individuals and businesses to obtain grants. The budget is almost 30% higher than that of the previous research initiative, the Seventh Framework Programme for Research and Technological Development (FP7). The first invitations to apply for funding are expected this week.
Horizon 2020 will cover activities in three main areas - science, industry and societal challenges. A number of existing research grants and organisations will receive funding, including the European Institute of Innovation and Technology (EIT), Marie Skłodowska-Curie Actions (MSCA) and some research activities of the Euratom Treaty and the Joint Research Centre (JRC). Innovation in small and medium-sized enterprises will also be supported through the European Investment Bank and other financial intermediaries.
Societal challenges to be addressed will include resource efficiency and raw material use, climate change action, food security and sustainable agriculture, green transport and clean energy. The initiative will stimulate the move towards a more innovative and sustainable Europe and to improve people’s quality of life.
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