The European Commission expects to spend €13.1 billion on research and innovation in 2022, with most of the funding, €12.2 billion, set to come from the EU research programme, Horizon Europe.
How most of this money will be spent will be outlined in the Horizon Europe work programmes, due to be published in the coming few weeks.
On top of the proposed budget, R&I projects could see €1.8 billion top-up coming from the €750 billion EU recovery fund.
Overall, the proposed research spending makes up almost 8% of the funding of the EU’s €167.8 billion budget for 2022.
