Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
The green transition and the move to a circular economy will require changes not only in the way materials are used and products are designed, but also in the way businesses operate and business models are shaped. The majority of current business models and the global economic and trading system are based on the linear and unsustainable use of materials and products.
This results in ever-increasing consumption, resource depletion, increased CO2 emissions and environmental degradation, as well as unwanted waste generation.
The transition to a sustainable, competitive and circular economy requires transformational changes in material use and corporate activities, with innovative business models capable of triggering sustainable consumption behaviours and market preferences.
In supporting the implementation of the European Green Deal, and in particular the 2020 circular economy action plan (CEAP), the Waste Framework Directive and the Ecodesign for Sustainable Products Regulation (ESPR), successful proposals will contribute to the expected impacts of this Destination, notably to benefits for industry and consumers from new opportunities both through sustainable novel products in line with ecodesign principles, and to novel circular business models that have a mitigating impact on resource use and greenhouse gas emissions and contribute to increasing Europe’s sustainable competitiveness.
Project results are expected to contribute to all of the following expected outcomes:
70%
Expected EU contribution per project: €5.00 million
A number of non-EU/non-Associated Countries that are not automatically eligible for funding have made specific provisions for making funding available for their participants in Horizon Europe projects.
Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia,
P.B. 23422, 1683 Nicosia
Telephone: +357 22205000
Fax: +357 22205001
Email: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
Marcia Trillidou
Scientific Officer A’
Email: trillidou@research.org.cy
Dr. Mary Economou
Scientific Officer
Email: meconomou@research.org.cy