Moving on to Horizon Europe
- December 9, 2019
- Posted by: admin
- Category: Innovate UK
Moving on to Horizon Europe
Horizon Europe is a €100 billion research and innovation programme that is focused on tackling Europe big issues such as health digital, industry and space climate, energy and mobility food, bioeconomy, natural resources, agriculture and environment.
Horizon Europe supports European partnerships with EU countries, the private sector, foundations and other stakeholders to work jointly on research and innovation, with the aim of delivering on global challenges and modernising of industry.
The potential impact of this programme includes fast tracking growth of innovative SMEs, market creation through market deployment of innovative products, 320,000 new highly skilled jobs created by 2040, and the generation of significant economic, social and scientific improvements in Europe, and beyond. The European Commission estimates up to €11 in GDP gains in every euro invested.
Adoption timeline
2019-2020 – The Council and European Parliament negotiate and subsequently adopt the programme
1 January 2021 – Horizon Europe is launched