Sat. Jun 10th, 2023

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What is Horizon Europe Funding?

Horizon Europe is the European Union’s new research and innovation funding program. It has been set up to help fund projects that will benefit society, business and the environment. The aim of this program is to drive innovation and promote collaboration between different countries in the EU. It will run for seven years from 2021-2027 with a budget of €95.5 billion, making it one of the world’s largest research and innovation programs.

How Does Horizon Europe Work?

Horizon Europe provides funding to different types of projects including health, climate change, digital transformation and more. Projects can be funded either through grants or public procurement contracts that are awarded by the European Commission or other public bodies such as national governments or research organizations. Grants are awarded on a competitive basis while public procurement contracts are usually negotiated with one bidder winning the contract over others who have applied for it.

Who Can Apply For Horizon Europe Funding?
Any organization based in an EU country can apply for funding under Horizon Europe provided they meet certain requirements such as having a valid project proposal that meets all criteria set out by the European Commission or other relevant bodies awarding grants or contracts related to this program.