The European Union is unique in many ways. It is different from most states in the world as it plans its budget for the next seven years and only spends what is available in its budget. The EU plans its spending for every year, which makes it very predictable. These are all excellent preconditions for anyone who wants to benefit from this budget.
In 2019 the EU will spend EUR 12,3 billion on research (Horizon 2020), EUR 2,8 billion on education and mobility (Erasmus+), EUR 1,1 billion on migration and inclusion measures (AMIF) as well as EUR 367 million on small and medium enterprises (COSME). These are excellent prospects for anyone planning a project in these areas.
The bad news: 82% of all applications for EU research funding fail . Between 2014 and 2017 applicants spent EUR 1.7 billion on writing unsuccessful applications . Many of them failed because their potential impact, EU added value and dissemination strategy were not sufficient.
Under the new funding programme HorizonEurope the EU will spend EUR 100 billion and offers universities, research bodies, enterprises, SMEs, administrations, NGOs and schools many possibilities to benefit from it.
But of course there is a catch. As always. The EU is highly selective in who it awards funding to, which makes it difficult to benefit from the programme. Difficult, but not impossible. A project must of course be of high quality. But this is not enough on its own to secure EU funding.
In addition to being of high quality, the project must also show its potential to achieve a significant impact and it must demonstrate its EU added value. Only research and innovation (R&I) projects with measurable results as well as a potential long-term societal impact will be funded. In addition, applicants must offer problem-solving approaches with a European dimension or the potential to rapidly scale up at European level.
Are you ready to take the challenge?