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Updated: February 2018
Starting in 2014, the EU Horizon 2020 Programme with an 80 billion € budget covers almost all EU research and innovation funding during the years 2014-2020. The support for research and innovation aims at breaking down barriers between research and market and will include the creation of partnerships with the private sector and Member States to bring together the resources needed.
2020 replaces the previous programmes FP7,
innovation related activities of the Competitiveness and
Innovation Framework Programme (CIP),
including Intelligent Energy for Europe, and the European Institute
of Innovation and Technology (EIT).
"Industrial leadership" covering support for "Leadership in enabling and industrial technologies" with focus on information and communication technology (ICT), nanotechnology, advanced materials, manufacturing, and space technology, "Access to risk finance", and "Innovation in SMEs" with focus on small medium sized enterprises in particular when they want to internalise. Budget: Euro 17 billion of which "Leadership..." gets Euro 13.6 billion
"Societal Challenges" with
a budget of Euro 29.7 billion, covering:
"Science with and for Society", budget Eur 0.5 billion
"Spreading Excellence and Widening Participation", for better research cooperation and policies, budget Eur 0.8 billion
"European Institute of Innovation and Technology" (EIT) with 8 "Knowledge and Innovation Communities (KIC)", including on climate and sustainable. energy. The EIT, budget Eur 2.7 billion
"Joint Research Center (JRC)", budget Eur 1.9 billion + nuclear activities included in Euratom
"EURATOM" supporting nuclear power, nuclear safety and development of nuclear fusion. Budget of Eur 2.4 billion 2014-2020 but only Eur 1.6 billion agreed covering the period 2014-18. This does not include the funding of the ITER fusion research center of circa Eur 5 Billion during 2014-2020.
"Fast Track to Innovation Pilot" (2015-2016) for "close to market" activities, budget Eur 0.2 billion. While the Horizon budgets are large, so is the competition. Support is distributed via individual calls that are quite different from each other in objective, form, and competition. Often calls have very specific objectives and there are only one or a few calls for a specific issue during the Horizon2020's period.
Track to Innovation" (FTI), which is the successor of the FTI Pilot
(2015-2016) and also, is part of the European Innovation
Council pilot (EIC pilot). This was launched on 27th October
2017 as part of the Horizon 2020 Work programme 2018-2020, when the SME
Instrument, Fast Track to Innovation (FTI), Future and Emerging Technologies
(FET) Open and Horizon Prizes, were brought under the EIC pilot umbrella,
to provide a 'one stop shop' for funding of innovators/innovations in
Read more at the EC's Horizon 2020 Description