Distribution of the Horizon 2020 budget 2014-2020

With a budget of close to €80 billion for the 2014 to 2020 period, the Commission’s framework programme, Horizon 2020, is the largest EU programme supporting research ever established. Since it was set up in 2014, over 9 000 grants have been signed and €15.9 billion allocated to signed grants. Crucially, most of the Horizon 2020 budget is divided among three main pillars:
1) 31.71 % is allocated to excellent science (31.71 %) to extend the excellence of EU scientific research and to consolidate the ERA in order to make the EU’s scientific research and innovation more competitive globally.
2) 22.09 % is channelled into industrial leadership to contribute to the development of technology and innovation to support future EU business and help SMEs to grow into world-leading companies.
3) With 38.5 %, the biggest share is directed towards research into major societal challenges such as demographic change, food security, secure and clean energy, smart and green transport, climate change and secure societies.