On January 1 2024, the UK officially re-associated to 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 £530,000 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 (2021 - 2027) available through the programme. This follows the UK reinforcing its commitment to R&D with a record £20.4 billion government investment awarded at the 2024 Autumn Budget, including full funding association with Horizon Europe. DSIT’s own R&D budget rose to £13.9 billion, alongside record core research funding of £6.1 billion, solidifying the UK’s position as a global leader in science and innovation.
Innovate UK and UK Research and Innovation (UKRI) also host regular events that help guide businesses and researchers through the opportunities on offer and the application process.
Further information, including practical support on how to apply is available on Innovate UK’s website.