Horizon Europe (2021-2027) is the successor to the well-known Horizon 2020 grant scheme. This is the European framework program for Research and Innovation in Europe. With Horizon Europe, the European Commission (EC) aims to enhance Europe’s competitiveness. Additionally, the EC challenges businesses and academia to collaborate in devising solutions for global societal issues.
The European Commission (EC) has allocated € 97.6 billion for this seven-year grant program. The grant amount varies greatly depending on the type of project, typically covering a reimbursement of the incurred costs. In many cases, this reimbursement is either in full (100%) or partially covers the incurred costs.
Horizon Europe can be applied for alongside other internationally oriented grants, such as, for example:
- DHI grant (Demonstration projects, Feasibility studies, and Investment preparation projects)
- Eurostars (European financing of innovation programs)
- SIB grant (Starters International Business)