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European Innovation Council needs €10bn, advisers say

Image: Images Money [CC BY 2.0], via Flickr

Advisory board of EU innovation funder stakes claim for slice of Horizon Europe budget

The advisory board of the European Innovation Council, a pilot EU funding body, has said the funder will need a minimum budget of €10 billion when it is rolled out in full in the bloc’s 2021-27 R&D programme Horizon Europe.

In a vision briefing published on 27 April, the 22-member advisory board said a €10bn EIC budget would attract up to €50bn in additional investments from elsewhere.

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