Proposal on Horizon 2020 -The Framework Programme for Research and Innovation
On 30 November 2011 the European Commission proposed a package of measures called Horizon 2020 which brings together all EU research and innovation funding under a single programme. Horizon 2020 includes the programme for research and innovation, the European Institute of Innovation and Technology (EIT), and the innovation-related parts of the Competitiveness and Innovation Programme (CIP).
Horizon 2020 will focus on three key objectives:
Part I “Excellent science”;
Part II “Industrial leadership”;
Part III “Societal challenges”.
The Commission proposes to integrate the EIT (European Institute of Innovation and Technology) within "Horizon 2020".