Stephen Metcalfe, MP for South Basildon & East Thurrock, is encouraging UK businesses and researchers to apply for grant from Horizon Europe – with an average award of £450,000, Horizon Europe could make your idea a reality.
Last Autumn, the UK agreed to join Horizon Europe – giving UK businesses and researchers access to the world’s largest research and development collaboration programme.
As part of a push to drive up applications, businesses and researchers are being encouraged to seize the enormous opportunities presented by the programme. The average Horizon Europe grant is worth £450,000 to a UK business. In addition to funding, collaboration with European partners through the programme can help unlock export markets for UK businesses.
Researchers, academics, and businesses of all sizes can bid for a share of the more than £80 billion available through the programme. It builds on the Government’s record-breaking backing for R&D, with a commitment to invest £20 billion in UK R&D by 2024-25, borne out in recent announcements like the £500 million boost to the AI Research resource and the £50 million for battery manufacturing R&D announced in the Autumn Statement.
Further information, including practical support on how to apply is available on Innovate UK’s website (https://iuk.ktn-uk.org/programme/european/horizon-europe/). Innovate UK and UK Research and Innovation also host regular events that help guide businesses and researchers through the opportunities on offer and the application process. More info can be found via the above link.
Stephen Metcalfe said: “Thanks to the Department for Science, Innovation and Technology, the UK has entered into the £80bn R&D fund, Horizon Europe. I agree with the Department that we need to maximise this opportunity.
If you are a business-owner, or researcher, I would encourage you to take a look at Innovate UK’s website for more information. The average grant for a UK business will be around £450,000 – life changing.”