EU research and innovation funding – immediate changes to cut red tape for researchers and SMEs
Research and Innovation are at the core of the EU’s Europe 2020 strategy for growth and jobs as set out under the Innovation Union flagship initiative. A pre-requisite for delivering the best results is that research programmes are highly attractive and accessible to researchers, European industry and entrepreneurs, universities and other research and innovation actors. This requires clarity of objectives and instruments, consistency and stability of rules, and lightness and speed of administrative procedures. The improvement adopted will feed through into better research results, achieved more efficiently, and lead to new products and services that will create new sources of growth and jobs.
Over 25 years, the scope and budget of the EU’s Research Framework Programme has expanded significantly. A number of different rules and administrative procedures were developed to optimise European effort in research, but participation in EU-funded projects became more complex.
What are the main changes being made now? Continue reading