So far a number of key milestones have already been achieved as listed below:
- Recognition of the importance of innovation and of the IU flagship initiative, with the European Council placing innovation at the top of its political agenda.
- Horizon 2020 – increasing investment in research, innovation and education under a single and simple framework. This month the Commission will present its proposal for the new Horizon 2020 programme which will bring existing financial instruments for supporting research and innovation within a common structure. The Commission is proposing a budget of €80 billion for the period 2014- 2020.
- Simplification - The Commission adopted measures to make participation in the current EU research framework programme (FP7) more attractive and more accessible to the best researchers and most innovative companies.
To read the full, original article click on this link: Innovation Union: achievements in the first year
