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Horizon 2020 Framework and Structure

Horizon 2020 is the biggest EU research and innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global competitiveness.

Seen as a means to drive economic growth and create jobs, Horizon 2020 has the political backing of Europe’s leaders and the Members of the European Parliament. They agreed that research is an investment in our future and so put it at the heart of the EU’s blueprint for smart, sustainable and inclusive growth and jobs.

By coupling research and innovation, Horizon 2020 is helping to achieve this with its emphasis on excellent science, industrial leadership and tackling societal challenges. The goal is to ensure Europe produces world-class science, removes barriers to innovation and makes it easier for the public and private sectors to work together in delivering innovation.

Cyprus in Horizon 2020

Since the start of the Program, 3,775 eligible Proposals have been submitted with the participation of at least one Cypriot applicant, and a total of 4,920 Cypriot applications. The number of Proposals with a Coordinator from Cyprus is 1,059.

From the Proposals submitted with Cypriot participation, 510 Proposals were selected for funding, with the participation of 688 Organisations and EUR 233.5 million requested funding. This amount has already exceeded the amount secured by Cyprus in the 7th EU Framework Program (93.17 million Euros). Out of the 688 applications from Cyprus, 247 are from Small and Medium Enterprises (SMEs). The EU requested funding for Cypriot SMEs amounts to 72.33 million Euros, which corresponds to 35% of the total requested funding of the Cypriot bodies, a percentage that significantly exceeds the corresponding total percentage for the “Horizon 2020” Program, which amounts to 28%.

Taking into account the contributions of EU member states in the EU budget for the “Horizon 2020” Program, Cyprus seems to have an advantage by securing more money than it contributes to the Program. In particular, for each 1 euro Cyprus contributes, it manages to raise just over 3 euros. This places Cyprus in the first place among the EU member states, as well as the first place in relation to the per capita Net Economic Benefit from the Program “Horizon 2020”.

The overall success rate in the “Horizon 2020” Program amounts to 12.18%, while the respective success rate for Cyprus is 13.7%.

Hence, the results so far for Cyprus’ participation are considered encouraging. The participation of Cypriot companies in the “Horizon 2020” is remarkable, as it is significantly higher compared to the total participation of companies in the Program. However, it must be acknowledged that there is considerable room for improvement, especially in the participation of Cypriot Organisations in more competitive consortia and in the expansion of the participation of Cypriot Organisations as coordinators of Proposals.

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