EU Member States must now give a final seal of approval ahead of the first calls for proposals under Horizon 2020, currently set for 11th December.
How is funding organised under Horizon 2020?
Horizon 2020 is built around three pillars:
1) Support for “Excellent Science” – including grants for individual researchers from the European Research Council and Marie Skodowska-Curie fellowships (formerly known as Marie Curie fellowships);
2) Support for “Industrial Leadership” – including grants for small and medium-sized enterprises and indirect finance for companies through the European Investment Bank and other financial intermediaries;
3) Support for research to tackle “societal challenges”. During negotiations between the European Parliament and Council it was decided to support research towards meeting seven broad challenges:
- Health, demographic change and wellbeing
- Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
- Secure, clean and efficient energy
- Smart, green and integrated transport
- Climate action, environment, resource efficiency and raw materials
- Inclusive, innovative and reflective societies
- Secure & innovative societies
In addition, part of the Horizon 2020 budget goes towards funding the European Institute of Innovation and Technology (EIT), research activities carried out under the Euratom Treaty and non-nuclear research carried out by the Joint Research Centre, the European Commission’s in-house science service.
How much funding is available under Horizon 2020 and for what?
Horizon 2020 is worth nearly €80 billion over seven years, including funding for nuclear research under Euratom. This is an increase of nearly 30 percent in real terms compared with its predecessor, the Seventh Framework Programme for Research and Technological Development (FP7). The structure of Horizon 2020 is different to FP7 and the programme encompasses the EIT and parts of the former Competitiveness and Innovation Framework Programme (CIP).