We often get asked about the success rates and number of companies that get funding from the EU grant programs such as Horizon 2020. The EU has recently released some interesting statistics regarding their previous programme FP7.
European funding prior to Horizon 2020 was done in a series of framework programmes, starting in 1984 with a budget of just 3.8 billion euros to spend over 5 years. The framework programmes grew steadily from then on with the biggest increases coming in FP7 (07–13) where available funding grew to over 50 billion euros.
Horizon 2020 took the reins from 2013 onwards with a new structure and a further 80+ billion euro budget.
During FP7, Germany and the UK got by far the most funding, but funding was provided to a broad range of companies with 134k people participating in the programme from 170 countries. Statistics also show a good gender balance, 38% of project participants were female. Of the 136k eligible applications, 18% received funding, resulting in twenty-five thousand supported businesses.
A second statistic released was €6.4 billion in funding going to SME’s via the still active Eurostars programme.
Eurostars has been running since 2007 and was developed to meet the specific needs of SMEs. It was the first European funding and support programme to be specifically dedicated to niche market of research-performing SMEs in their innovative R&D projects. Eurostars is a joint programme between EUREKA and the European Commission.