The Commission has published an overview of the budget plans for Research and Innovation, namely Horizon Europe and Euratom. You may have a look at the publication here 

New features of Horizon Europe will be:

The European Innovation Council, which will provide support for start-ups and companies focusing on breakthrough innovation to scale up via two funding instruments.

EU-wide Research and Innovation missions will aim to create more impact by encouraging citizen involvement alongside stakeholders, the European Parliament and Member States and and focusing on the bold, ambitious goals.

Open science policy will put a greater emphasis on openness and sharing.

A new approach to Partnerships will rationalise the funding landscape.

Simpler rules will increase legal certainty and reduce bureaucracy.

The programme will be implemented through 3 pillars:

  1. Open Science
  2. Global Challenges and Industrial Competitiveness
  3. Open Innovation



The biggest focus will be on simpler rules, especially for the funding model and the use of simplified forms. A greater emphasis will be on dissemination and exploitation of research results.

As you may know the proposed budget for Horizon Europe for the period of 2021-2027 will be €100 bn. In addition to this, Horizon Europe will also collaborate more with other EU funding programmes, such as EU Cohesion PolicyEuropean Defence FundITERDigital Europe Programme, and Connecting Europe Facility Digital.



EFMC – European Fund Management Consulting

Kristiina Kook

PR and Events Coordinator