Investing in Innovation

June 14, 2016 12:18 PM

Catherine Beader meeting with EU-funded scientistsCatherine Bearder MEP has welcomed the progress being made by the Horizon 2020 project - an EU funded £60 billion research and innovation programme.

The programme is the largest of its kind in the world and is only possible because EU member states pool resources to invest strategically. UK universities could be in line for £billions worth of science funding based on what they currently receive.

"This marks an historic shift in EU spending towards boosting innovation, creating jobs and helping small businesses," said Catherine. "Universities and companies across the country are now in line for millions of pounds worth of funding, enabling them to create thousands of new jobs and develop technologies."