Every euro invested by the Horizon Europe program yields €11
The European Commission presented an assessment of its flagship research and innovation program, promising to expand its efforts.
Published on May 2, 2025
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The European Commission has presented an evaluation of Horizon Europe, the EU's flagship research and innovation program, for the 2021-2027 timeline. With investments driving significant returns—€11 in GDP for every €1 invested—this program showcases the power of strategic funding. Since its inception, it has financed over 15,000 projects with a striking €43 billion, supporting 35 Nobel laureates' endeavors.
The streamlined initiative aims to reduce bureaucratic overhead with lump sum grant schemes. Based on these results, the European Commission anticipates expanding support mechanisms, including Pillars II and III, to further bolster startups and simplify program application processes. The Horizon Europe program amplifies Europe's competitiveness and ensures research and innovation remain at the heart of its economic strategy.
Ekaterina Zaharieva, Commissioner for Startups, Research and Innovation, stated: "Horizon Europe is delivering on its promise to drive innovation and strengthen Europe’s competitiveness. Its strong returns and measurable economic impact clearly demonstrate its success, providing real benefits to citizens across the EU. We must continue to push for greater impact and ensure that Europe leads in research and innovation. Our commitment is to make EU research and innovation funding simpler, more focused, and even more transformative."
Catalyst for scientific breakthroughs
Beyond economic metrics, Horizon Europe stands out for its tangible contributions to scientific progress. With 80% of funded projects by the European Research Council leading to significant scientific advancements, the program is a major force behind Europe's global leadership in research.
Through the European Innovation Council (EIC) Fund, Horizon Europe captures the attention of private investors effectively. For every euro invested in innovative companies, more than three euros are drawn from private investments, illustrating the program's multiplier effect in augmenting private-public sector collaborative efforts for innovation.
Streamlining the process and simplification measures
The European Commission is keenly focused on optimizing the program's impact by introducing reforms to simplify the application process and enhance project implementation. This includes leveraging lump sum grants, projected to cut down administrative costs by 14% to 30%, potentially saving up to €63 million across all lump sum projects.
Looking ahead, the Commission plans to expand efforts to nurture Europe's talent pool. With tailored investments, the program aims to ensure the EU remains a competitive leader in research and innovation. Upcoming initiatives like the European Innovation Act are expected to remove barriers for innovative businesses, thereby fostering a conducive environment for innovation and research to flourish.
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