Horizon Europe is in for a small boost next year if the European Commission’s proposal to set its budget at €12.97 billion is approved.
The proposed budget is €211 million bigger than this year’s. But the increase is all but certain as the budget will have to be approved by the EU Council of member states and the European Parliament. Most years, this process sees the member states make small cuts to Commission’s proposal.
A part of this proposed increase will be funded by redeploying €147,7 million of unused Horizon funds. Around half of this money, €73,3 million, will finance the European Research Council’s Advanced Grants call that next year will target researchers from abroad under the Choose Europe initiative.
The rest of the money will allow for small top-ups in other parts of the European Research Council and Horizon’s Pillar II for collaborative research.
Other draft EU programme budgets include:
- €1.00 billion for the European Defence Fund
- €1 billion for Digital Europe
- €299 million for InvestEU
- €2.33 billion for the space programme
- €4.3 billion for the Erasmus+ education and mobility programme