Proposals for Horizon 2020, including ERC Funding from 2014 to 2020 Announced

30th Nov 2011

The European Commission has published its proposals for the next European Framework Programme for Research and Innovation, called “Horizon 2020”. This will run from 2014 to 2020 with a proposed total budget of EUR 80 billion.

Horizon 2020 will consist of three specific pillars, with the European Research Council (ERC) as part of the first pillar (called “Excellent science”) together with Marie Curie funding, Future and Emerging Technologies (FET) and Research Infrastructures.

The proposed budget for the ERC under Horizon 2020 is EUR 13.2 billion. This represents a 77% increase of the total ERC budget, compared to the Framework Programme 7 (FP7). However, considering the estimated inflation from 2014 to 2020 and administrative costs (maximum 6% of the operational budget), the total ERC budget would amount to EUR 15 billion. This would mean a doubling of the current ERC budget under FP7 since the ERC’s current budget is EUR 7.5 billion.

The Commission proposal will be negotiated in the coming months with the European Parliament and the Council of the EU. The final decision is expected to be adopted before the end of 2013.

 

ERC Press Release

European Commission Press Release on Horizon 2020 Proposals

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