Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.
Horizon 2020 is the financial instrument implementing theInnovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.
Horizon 2020 comprises of three main pillars, whose content is driven by science, industry and policy:
- Excellent Science
- Industrial Leadership
- Societal Challenges
These pillars are completed by seven additional programmes:
- Spreading Excellence and Widening Participation
- Science with and for Society
- Cross-cutting activities (focus areas)
- Fast Track to Innovation Pilot
- European Institute of Innovation and Technology (EIT)
- Smart Cyber-Physical Systems