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€70bn package agreed for Horizon 2020

After two and a half years of negotiation - including marathon negotiation sessions at the end of June 2013 - a €70 billion package has been agreed by the European Council and the European Parliament for Europe's R&D programme for 2014 – 2020, Horizon 2020.

Horizon 2020 is the European Union’s new research programme, which will succeed FP7 in 2014. Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. 

The development of Horizon 2020 has been a long and complex process, not least because it brings together a range of research and innovation programmes and their respective rules for participation, plus the legislative framework surrounding the programme has to be agreed between the three European Institutions – European Commission, Parliament and Council. All the while, the budgetary negotiations (known as the multiannual financial framework – MFF) have been protracted, largely due to the global economic climate at the time.

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However, it seems that Horizon2020 is now set to start on time in January 2014.

ADS is pleased to provide an update to its Members on Horizon 2020, which will have sectoral opportunities (e.g. aerospace), transverse opportunities (e.g. manufacturing), as well as specific 'instruments' for SMEs. 

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The link https://www.adsgroup.org.uk/pages/67849367.asp provides further details.

If you have any queries or require any additional information, please contact: Sameer.savani@adsgroup.org.uk

 

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