Horizon Europe is the European Commission’s (EC) key funding program for financing European research and innovation projects. It is the successor of the Horizon 2020 program. The structure of Horizon Europe is based on the mantra of ‘evolution, not revolution’ and in that respect does not contain any major surprises.
Horizon Europe has a budget of € 95.5 billion for the period of 2021 – 2027.
In this new program the EC plans to raise EU science spending levels by an impressive 50%. The main goal to create new growth and jobs across Europe by strengthening scientific knowledge and know-how within the EU. The program enables this by supporting the development and introduction of new technologies/innovations and by tackling major societal challenges facing Europe. The new Horizon Europe program is built on 3 pillars.