Horizon 2020 to be topped up with €200 million

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EU_parl17The European Parliament gave 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:

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