Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Achieving European Green Deal objectives, and notably a climate neutral and resource efficient economy, requires the full mobilisation of SMEs. The COVID-19 pandemic has also led to companies redesigning their supply chains and facing a new industrial revolution, brought on by a new generation of advanced technologies, which are underpinning the potential for competitive sustainability of SMEs.
The action will build on and further connect existing EU specialised business support networks and centres, and will work in complementarity and close interaction with Open Innovation Test beds, European Digital Innovation Hubs, Start-up Europe etc., but also with academia, social partners and other social innovation actors.
This action will consist in:
A. Advisory services
B. Financial support in the form of ‘Third party financing’
The Commission estimates that at least half of the budget should be allocated to financial support to SMEs in the form of third party financing.
100%
EU contribution per project: €5,00 million
Beneficiaries may provide financial support to third parties which can only be provided in the form of grants.
The maximum amount to be granted to each third party is €50000.
Research and Innovation Foundation
29a Andrea Michalakopoulou Street, 1075 Nicosia
T.Th. 23422, 1683 Nicosia
+357 22205000
Email: support@research.org.cy
Dr Angelos Ntantos
Scientific Officer
Telephone: 35722205033
Email: antantos@research.org.cy
Dr Ioannis Theodorou
Scientific Officer
Telephone: 35722205038
Email: itheodorou@research.org.cy
(Publish Date: 16/09/2021-for internal use only)
European Commission, Directorate-General for Research and Innovation
https://ec.europa.eu/info/departments/research-and-innovation_en#contact