Horizon Europe is the EU’s key funding programme for research and innovation, which:
- Tackles climate change;
- Helps to achieve the UN’s Sustainable Development Goals;
- Boosts the EU’s competitiveness and growth;
- Facilitates collaboration and strengthens the impact of research and innovation in developing, supporting and implementing EU policies while tackling global challenges;
- Supports the creation and better diffusion of excellent knowledge and technologies;
- Creates jobs, fully engages the EU’s talent pool, boosts economic growth, promotes industrial competitiveness and optimises investment impact within a strengthened European research area (ERA).
Horizon Europe is made up of:
Pillar I — Excellent Science;
Pillar II — Global Challenges and European Industrial Competitiveness;
Pillar III — Innovative Europe;
the part ‘Widening Participation and Strengthening the ERA’.
Horizon Europe has a budget of €95.5 billion (current prices) for 2021-2027 (including €5.4 billion from NextGenerationEU — the recovery plan for Europe to help repair the economic and social damage caused by the coronavirus pandemic).
Figure below depicts the Horizon Europe schematics:
Further information can be found here: https://research-and-innovation.ec.europa.eu/funding/funding-opportunities/funding-programmes-and-open-calls/horizon-europe_en