Horizon 2020 would need four times its budget to fund every high-quality proposal it receives, an interim evaluation has found.
The Framework programme is “meeting its objectives” in helping to create growth and tackle societal challenges, according to the study, published on 29 May. However, Horizon 2020 would have needed an extra €62.4 billion on top of the €20.4bn it had awarded by 1 January 2017 to fund all the high-quality proposals.
“Horizon 2020 suffers from underfunding, resulting in large-scale oversubscription, much larger than under Framework 7, which constitutes a waste of resources for applicants and a loss of high-quality research for Europe,” the report said.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.