Discover how different cities in Europe have captured E.U. Net Contribution from the Horizon Europe program so far.
Horizon Europe emerges as the European Union's pioneering research and innovation initiative, with a budget of €95.5 billion from 2021 to 2027. This program is designed to support various impact research projects. It strategically aligns with the United Nations' Sustainable Development Goals to foster the EU's competitiveness and economic growth.
Highlighting its significant contributions to various European cities up to this moment, Paris stands out with a net contribution of €1.43bn, Munich follows with € 973 mn, and Barcelona with € 948 mn. The European Union's investments have led to the development of significant innovation projects, such as The Calypso project, which the French heart device company CorWave led. The Calypso project has resulted in profound innovations that offer patients with heart failure a new opportunity to lead fully active lives.
The European Innovation Council aims to support innovations with potential breakthroughs and disruptive nature. This initiative has introduced three main challenges: Pathfinder, Transition, and the EIC Accelerator. These are tailored to meet the financial requisites of innovative projects at different stages of development. Eligibility extends to entities from the E.U. and associated countries.
Lastly, the European Commission and the European Innovation Council decided that the last three years of the program (2025-2027) will focus on projects related to green transition, digital transition, and a more resilient, competitive, inclusive, and democratic Europe. This is an excellent opportunity for ecosystem builders to finance their innovations, and Deep Ecosystems is always finding ways to help our partners to collect these opportunities.
Vienna Business Agency
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