Horizon 2020 is the current Framework Programme for Research & Innovation of the European Union, following the FP7 (Framework Programme 7), which was deployed between 2007 and 2013 with a total budget of about € 50 billion.

Horizon 2020 is the biggest EU Research and Innovation programme ever, with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

A significant budget (about € 6,3 billion) is allocated to the Transport Challenge, with the aim to boost the competitiveness of the European transport industries and achieve a European transport system that is resource-efficient, climate-and-environmentally-friendly, safe and seamless for the benefit of all citizens, the economy and society.