What is Horizon 2020?
Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness, covering all research and innovation funding currently provided through the Framework Programme for Research and Technological Development, the Competitiveness and Innovation Framework Programme (CIP) and the European Institute of Innovation and Technology (EIT).
For a general presentation, watch this video!
What are the main priorities?
EU funding for research and innovation will be focused on three main priorities:
The primary aim of Horizon 2020 is to strengthen the EU's position as a world leader in science, to help make Europe a more attractive location to invest in research and innovation and to bring excellent research results to market which will deliver direct benefits to citizens, such as affordable health-care, protection against cyber crime, and the transition to a resource-efficient, low-carbon economy.
1 January 2014: Horizon 2020 starts, launch of first calls. The Programme will be running from 2014 until 2020.
What is the allocated budget?
Following the negotiations between the European Parliament and the Council the agreed budget for 7 years is 70.2 billion € in constant 2011 prices and 79 billion € in current prices (including the inflation rate set to 2% per year). Detailed budget distribution for Horizon 2020.