How is funding organised under Horizon 2020?
Horizon 2020 is built around three pillars:
1) Support for "Excellent Science" – including grants for individual researchers from the European Research Council and Marie Skłodowska-Curie fellowships (formerly known as Marie Curie fellowships);
2) Support for "Industrial Leadership" – including grants for small and medium-sized enterprises and indirect finance for companies through the European Investment Bank and other financial intermediaries;
3) Support for research to tackle "societal challenges". During negotiations between the European Parliament and Council it was decided to support research towards meeting seven broad challenges:
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http://europedirect.duth.gr/?q=node/1218