Business news from Ukraine

European Commission to allocate more than 13 billion euros to support researchers and innovators in Europe

6 December , 2022  

The European Commission (EC) approved on Tuesday the Horizon Europe work program for 2023-2024 to allocate about 13.5 billion euros to support researchers and innovators in Europe.
It is about finding “breakthrough solutions to environmental, energy, digital and geopolitical problems.”
“As part of the broader €95.5 billion EU Horizon Europe research and innovation program, funding for 2023-2024 will support the EU in achieving its climate goals, building resilience and developing basic digital technologies,” the European Commission said in a communiqué published in Brussels.
The document said it would also “consider targeted actions to support Ukraine, build economic resilience and promote sustainable recovery from the COVID-19 pandemic.”
Brussels explained that the targeted assistance to Ukraine is in addition to the 70 million euros earmarked for special measures already initiated in 2022. The additional support foresees the enhancement of access of Ukrainian scientists to European research infrastructures, continuation of the assistance to Ukrainian medical scientists, assistance in the struggle against climate change and assistance in reconstruction of several Ukrainian cities with the participation of the EU mission on climate-neutral and “smart” cities.
The EC communiqué also notes that over 42% of the 2023-2024 work program budget, or €5.67 billion, is earmarked for climate change and digital transformation projects. Some 970 million euros will be invested “to accelerate the transition to clean energy in line with the European REPowerEU plan and increase Europe’s energy independence.

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