Horizon 2020: UK launch for EU's £67bn research budget
Published 31 January 2014
Known as Horizon 2020, the programme is worth nearly £67bn (80bn euros) and covers the next seven years.
The funds are allocated through a competitive process, in which Britain traditionally fares very well - second only to Germany.
If this performance is maintained, UK universities, research centres and businesses could expect to receive £2bn in the first two years of Horizon 2020.