What is Horizon 2020

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over a seven-year period to 2020 in addition to the private investment the funding will attract. Horizon 2020 promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.

A vehicle to drive economic growth and create jobs, Horizon 2020 has the political backing of Europe’s leaders and the Members of the European Parliament. In agreement that research is an investment in our future, the programme puts innovation at the heart of the EU’s blueprint for smart, sustainable and inclusive growth and jobs.

By coupling research and innovation, Horizon 2020 is helping to achieve this with its emphasis on excellent science, industrial leadership and tackling societal challenges. The goal is to ensure Europe produces world-class science, removes barriers to innovation and makes it easier for the public and private sectors to work together in delivering innovation.

Horizon 2020 is open to everyone, with a simple structure that reduces red tape and time, so participants can focus on what is really important. This approach makes sure new projects get off the ground quickly – and achieve results faster.

The EU Framework Programme for Research and Innovation will be complemented by further measures to complete and further develop the European Research Area. These measures will aim at breaking down barriers to create a genuine single market for knowledge, research and innovation.

The Horizon 2020 SME Instrument is a public funding programme that funds risk innovation in small businesses. It funds market-creating innovation in disruptive small businesses that have significant growth potential and global ambitions. The SME Instrument is part of Horizon 2020 – the EU's 80 billion € funding programme for Research and Innovation.
 Only the most innovative companies get selected. Until now, out of 30.000 applicants 2500 companies have been funded this shows the intense competitiveness of the programme and the quality of the proposals funded. 25% of the companies funded under the SME Instrument are in the 10% fastest growing companies in Europe according to Venture Radar.

Companies receive up to € 2.5 million to bring their innovation to the market, free coaching and support in commercialisation like facilitated access to overseas trade fairs.