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The European Commission will give 8,500 million Euros to innovation and research in 2017

The European Commission (EC) will invest 8,500 million Euros in 2017 on the community innovation and research programme Horizon 2020, reported the EU Executive after updating the working scheme of this tool for next year.

One of the major innovations of Horizon 2020 will be the obligation for all initiatives funded by the programme to publish research data in order to «increase competitiveness accelerating collaboration and innovation,» said the EC in a note.

With regard to this new rule, the European Commissioner for Research, Science and Innovation, Carlos Moedas, said that «from now, the scientific community and innovative companies can access research information more easily and affordably.»

Beneficiaries of the funding of this programme should take actions to enable third parties «the access, extraction, use, reproduction and dissemination of their research data for free,» said the Commission.

Next year, this EU programme will support initiatives in the field of circular economy, a sector which will receive 325 million Euros; green vehicles (133 million); smart and sustainable cities (115 million); transport, energy, environment and automatic driving (50 million), or digital technologies (37 million).

Another of the innovations that the EC presented is the increase of the annual budget of the European Research Council (ERC), which will give 1,800 million Euros to its fellowships for young researchers, the highest budget since the launch of the body in 2007.

With a total budget of 77,000 million Euros in the 2014-2020 period, Horizon 2020 is the greatest programme in the history of EU addressed to research and innovation projects.

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