The European Research Council has received 710 applications for its first round of Synergy Grants, but only plans to fund 10 to 15 such projects in 2012, meaning that it now anticipates a success rate of only 2 per cent. Each project will receive between €10 million and €15m for research projects lasting up to six years. “The scheme is launched on an experimental basis, meaning we will closely monitor the response and we are therefore also devoting only a relatively small budget to it for now,” Helga Nowotny, president of the ERC, told Research Europe when the grants were launched in June last year.
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