Funds research and innovation to address global challenges.
The total budget is €95.5 billion, with project financing varying by call.
**Summary of Horizon Europe** Horizon Europe is the European Union's key funding programme for research and innovation, with a budget of €95.5 billion for the period 2021-2027. It focuses on tackling global challenges, achieving the UN's Sustainable Development Goals, and boosting the EU's competitiveness and growth. **Focus Areas:** - **Excellent Science**: Supporting research excellence through the European Research Council and Marie Sklodowska-Curie Actions. - **Global Challenges and European Industrial Competitiveness**: Addressing societal challenges and reinforcing technological and industrial capacities through clusters and missions. - **Innovative Europe**: Fostering market-creating innovation via the European Innovation Council and the European Institute of Innovation and Technology. **Financial Resources:** - Total budget: €95.5 billion. - No specific amount is mentioned for typical project financing, as it varies by call and project type. **Criteria for Funding:** - Projects must align with the programme's objectives and focus areas. - Legal entities from the EU and associated countries can participate. - Projects are selected based on their potential impact, innovation, and excellence. **Recent Projects:** - Missions include "Adaptation to Climate Change," "Restore our Ocean and Waters by 2030," and "100 Climate-Neutral and Smart cities by 2030". - Canada has recently joined Horizon Europe, expanding international collaboration on large-scale projects.