Horizon 2020 to be topped up with €200 million
The European Parliament gave today its consent to additional €200 million for Horizon 2020, the current EU research and innovation funding programme, by adopting a compromise on the mid-term review of the EU budget, reached with the EU Member States on 7 March. The final and formal approval of the Council of the EU is expected in the coming weeks.
The €200 million top-up for Horizon 2020 is part of additional means amounting to €6 billion that will help the EU tackle urgent challenges such as the migration crisis, strengthening security, boosting growth and creating jobs.
Carlos Moedas, Commissioner for Research, Science and Innovation, said: “This is a very valuable deal that will allow the Commission to direct additional funding into key areas, such as boosting market-creating innovation as well as supporting excellent research, the sharing of big data and bridging the innovation divide between the countries in Europe.”
A part of the €200 million Horizon 2020 top-up, €50 million, was already adopted through the 2017 voted budget. The breakdown of the additional funding follows proportionally the Commission’s proposal of October 2016:
- €50 million for the European Research Council (of which €16.7 million were already included in the 2017 budget)
- €55 million for Spreading Excellence and Widening Participation part of Horizon 2020 (of which €16.7 million were already included in the 2017 budget)
- €50 million for the European Innovation Council (on the RTD budget line Innovation in SMEs)
- €45 million for High Performance Computers, under Leadership in Enabling and Industrial Technologies part of Horizon 2020 (of which €16.7 million were already included in the 2017 budget)
Source: European Commission – Press Releases
In: Growth & Competitiveness