Nicholas WallaceThe European Parliament on 10 November secured an unexpected €4 billion boost to Horizon Europe, the European Union’s next research funding program.The final €85 billion budget is €1.5 billion more than first proposed by the European Commission in 2018, but €5 billion is reserved for applied research and support for small tech firms under a post-pandemic recovery fund.
The remaining budget is a little larger than the current program, Horizon 2020, but European agencies receive less in the early years of a 7-year budget.