Horizon Europe

Horizon Europe is a funding programme that is part of the Multi-Financial Framework 2021-2028, with nearly €80 billion of funding available for 2014-2020. It aims to ensure that Europe produces world-class science, to remove barriers to innovation and to make it easier for the public and private sectors to innovate together

Budget

Horizon Europe has a total budget of EUR 100 billion (in current prices). It represents an increase of EUR 20 billlion from the current funding period (2014-2020).

Target goals

The target goals include:

Increased investment in EU science and technology, including Research & Innovation in the social sector.
Foster EU’s industrial competitiveness and its innovation performance.
Deliver on the EU’s strategic priorities such as climate change, health, inclusive and secure society (access to fundamental rights, socio-economic transformations contributing to inclusion), digital skills improvement and mobility.
Supporting the best ideas;
Developing European talent;
Providing researchers with access to a research infrastructure.
Offering access to risk finance;
Encouraging private investment in research and development;
Offering support for innovative small and medium-sized enterprises (SMEs)

What’s new?

Simplified rule and processes for reporting and reimbursements: less administrative burden.
More flexibility in funds allocation and costs claims.
Open science and innovation policy approach.
Programme website: https://ec.europa.eu/programmes/horizon2020/en