New NEB Facility will support the NEB from 2025 to 2027!
![](https://ec.europa.eu/newsroom/repository/picture/2024-12/Facilityvignette_uu7nxeyAH778NiX2HnKXArAtyKU_152530.png)
date: 21/03/2024
See also: Read the press release
The NEB Facility will be anchored in the Horizon Europe Strategic Plan 2025-2027 and will have two components:
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The Research & Innovation component will research and develop innovative out-of-the-box solutions to bring people and green transformation together, with an indicative budget of EUR 120 million per year until 2027.
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The roll-out component will cover deployment and technical assistance with support from various EU programmes around topics and priorities to be identified.
The NEB Facility is set to bring stability for investment and creativity, helping the NEB movement unfold its full potential and generate new and improved ways of doing, thinking and policy-making with impactful results.
The European Commission is working on the next steps including a consultation process involving Member States, the NEB Community and stakeholders.
Stay tuned to learn more about this next step of the New European Bauhaus movement and how it will help transform neighbourhoods across Europe for the better.