Biotechs and SMEs will be allocated 20% of the overall budget in the Horizon 2020 scheme
While the new 7-year funding scheme of EU, “Horizon 2020” will continue to fund excellent basic research (17% of the total budget), an effort is being made to attract small and medium enterprises (SMEs) to participate in research consortia. After a two-and-a-half-year negotiation, the European Council and the European Parliament reached an agreement (pending final sign-off) that SMEs will claim a 20% of the total budget in an act that aims to boost European economy.
Open access publication of results of all research funded under Horizon 2020 will be mandatory and awards will be made within 8 months as opposed to 12 months, which is the current scheme.
Posted on September 27, 2013, in academia, industry and tagged academia, industry. Bookmark the permalink. 2 Comments.
Life is Chemistry 
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Sincerely Yours Dimitris Diannis
This is a very informative update about the Horizon 2020 program and its focus on supporting SMEs and biotechnology research. Giving smaller businesses greater access to research funding can encourage innovation, collaboration, and economic growth across Europe. I also appreciate the emphasis on faster grant decisions and open access publishing because they improve transparency and knowledge sharing. Just as research benefits from reliable resources, a Basic Calculator Tool is helpful for managing project budgets, funding estimates, and everyday calculations with accuracy.