With a budget of over £82 billion, Horizon Europe is the primary funding programme for research and innovation in the European Union (EU).
Due to a recent agreement, the UK will be able to participate in the Horizon scheme as of January 2024.
The programme strengthens the impact of research and innovation through collaboration and funding.
It also creates jobs and fosters economic growth by increasing the industrial competitiveness of European countries and optimising the impact of research and development (R&D) in the European area.
Whilst many of the nations contributing are from the EU, Britain has joined a small group of non-EU members like Norway, Israel and New Zealand who also participate.
Horizon’s missions
Horizon has identified five key issues they intend to address with their funding.
- Reducing climate change
- Curing cancer
- Enhancing ocean and water quality
- Developing smart cities
- Improving soil health
If your business furthers the progression of any of these missions, you could be eligible for a slice of the £82 billion on offer.
How to apply
This new opportunity to apply for the scheme means that many UK businesses will start to look to the EU for funding. As such, it is best to get the application in quickly and ensure it is accurate and effective.
Engaging a qualified accountant from Reanda UK means that you will have the best chance of receiving funding from Horizon Europe.
The sooner you contact our team, the sooner you will be able to apply for funding and the better chance you will have of being accepted.
Our experienced team of international accountants means that we are in a unique position to advise you on EU funding options.
In addition, our close connection with Reanda International means that even if you are not eligible for the Horizon scheme, we might be able to find your business an alternative source of financing.
To find out how Reanda could apply for R&D funding on your behalf, please get in touch with one of our experts.