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New EU Budget Proposal for 2021-2027 Offers to Increase Research and Innovation Allocation

On May 2, the European Commission (EC) published its proposal for the next long-term EU budget, the ‘Multiannual Financial Framework’, covering the period of 2021-2027. While the new budget will see cuts on some programmes, the allocations for research and innovation programmes are to be increased.

Concretely, the new programme for research and innovation will be named ‘Horizon Europe’, with a planned allocation of €97.9 billion, compared to €77 billion for the 2014-2020 phase of the current programme  Horizon 2020.

This increase will also affect Eastern Neighbourhood countries, particularly Armenia, Georgia, the Republic of Moldova and Ukraine that currently enjoy Horizon2020 associated country status and have full access to the funding within this programme. Azerbaijan and Belarus have access to some programmes as third countries.

Horizon 2020 is the EU’s biggest ever research and innovation framework programme, with a budget of €77 billion over seven years (2014-2020). The vast majority of this funding is allocated on the basis of competitive calls, which are open to applications from researchers, businesses and other interested organisations located in any of the EU Member States or countries associated to Horizon 2020, including the EU Neighbourhood countries.