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20 October 2015

Commission to invest EUR 16 billion in research funding over next two years

The European Commission will invest almost EUR 16 billion in research and innovation in the next two years under Horizon 2020, the EU's research and innovation funding scheme, following a new Work Programme for 2016-17 adopted in the first half of October. The programme will support a range of cross-cutting initiatives and includes EUR 232 million for Smart and Sustainable Cities to better integrate environmental, transport, energy and digital networks in EU's urban environments.