Horizon2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global competitiveness. Running from 2014 to 2020 with a budget of just over €70 billion, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe.
The proposed support for research and innovation under Horizon 2020 should:
- Strengthen the EU’s position in science with a dedicated budget of € 24 341 million. This will provide a boost to top-level research in Europe, including the very successful European Research Council (ERC)
- Strengthen industrial leadership in innovation € 17 015 million1. This includes major investment in key technologies, greater access to capital and support for SMEs
- Provide € 30 956 million to help address societal challenges shared by all Europeans such as climate change, developing sustainable transport and mobility, making renewable energy more affordable, ensuring food safety and security, or coping with the challenge of an ageing population
Horizon 2020 will tackle societal challenges by helping to bridge the gap between research and the market by, for example, helping innovative enterprise to develop their technological breakthroughs into viable products with real commercial potential. This market-driven approach will include creating partnerships with the private sector and Member States to bring together the resources needed.
International cooperation will be an important cross-cutting priority of Horizon 2020. In addition to Horizon 2020 being fully open to international participation, targeted actions with key partner countries and regions will focus on the EU’s strategic priorities. Through a new strategy, a strategic and coherent approach to international cooperation will be ensured across Horizon 2020.
For further information please visit the H2020 website