July 19th, 2013

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Horizon 2020 Programme to promote research and innovation in the EU

Horizon 2020 Programme to promote research and innovation in the EU
17 July 2013, Last updated at, 18:59 EEST
Today the Committee of Permanent Representatives (COREPER I) chaired by the Lithuanian Presidency confirmed the
final compromise texts of the Horizon2020 package of four legistative acts, consisting of Regulation establishing 'Horizon
2020 - The Framework Programme for Research and Innovation (2014‑2020)‘; Regulation laying down the rules for the
participation and dissemination in 'Horizon 2020 - the Framework Programme for Research and Innovation (2014-2020)‘;
Regulation establishing the European Institute of Innovation and Technology and Decision on the Strategic Innovation
Agenda of the European Institute of Innovation and Technology (EIT): the contribution of the EIT to a more innovative Europe.
"Horizon 2020” programme provides the main framework for the European Union's funding for research and innovation
activities, strengthens the European science and technology base, is a part of the drive to create new growth and jobs in
Europe. Investment in this area also leads to businesses’ opportunities by creating innovative products and services.
Today‘s approval at COREPER will pave the way for a timely agreement at first reading on the H2020 package, pending the
European Parliament plenary vote early autumn.
Ambassador Arūnas Vinčiūnas, Chairman of the Committee of Permanent Representatives (COREPER I), thanked the
previous Council Presidencies for their substantial work on negotiating this important package of legislative proposals. On
the Council side three Presidencies have worked to negotiate on this package – started with the Danish Presidency, then
the work was continued by the Cypriot and agreed in principle by the Irish Presidency, which negotiated it with the European
Parliament.
70,2 billion EUR are allocated to the Horizon2020 package, including Euratom programme, in the 2014-2020 Multiannual
Financial Framework (MFF, 2011 prices).