Horizon 2020 research programme approved by European Parliament Yesterday, Horizon 2020, the EU's €70.2 billion framework programme for research and innovation in 2014-2020, was approved by European Parliament. Parliament amended it to improve support for small firms, attract more people into science and more scientists to join the programme, and earmark funding for non-fossil energy research.
The Horizon 2020 programme has three main pillars: • Societal challenges (includes investments in health, energy, transport, climate action and freedom and security research projects), • Excellent science (includes grants to top-level individual researchers, and investments in future technologies and training for researchers), • Industrial leadership (includes investments in biotechnology and space technologies, access to risk finance and support for innovative small firms).
The agreed budget for 2014-2020 is €70.2 billion. The biggest headings are "Societal challenges" (39% of the total budget), "Excellent science" (32%) and "Industrial leadership"(22%).
After Parliament's vote, the programme needs to be formally adopted by EU member states too, in the coming weeks. The programme starts on 1 January 2014.
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