Horizon Europe is the EU’s key funding programme for research and innovation with a budget of €95.5 billion. The programme’s main objectives are to promote and strengthen the impact of research and innovation in developing, supporting and implementing EU policies. It supports creating and better dispersing of excellent knowledge and technologies. 

The key functions of the EU’s funding programme for research and innovation are:

• Tackling climate change
• Helping to achieve the UN’s Sustainable Development Goals
• Boosting the EU’s competitiveness and growth
• Facilitating collaboration and strengthens the impact of
  research and innovation in developing, supporting and
  implementing EU policies while tackling global challenges
• Supporting the creation and better diffusion of excellent
  knowledge and technologies
• Creating jobs, fully engages the EU’s talent pool, boosts
  economic growth, promotes industrial competitiveness and
  optimises investment impact within a strengthened
  European Research Area.