Horizon Europe, hailed by the Commission as its "most ambitious research and innovation programme", was proposed to receive funding of 97.6 billion euros, Xinhua news agency reported.
The programme will feature an European Innovation Council, which will help identify and fund innovations through two main funding instruments, one for early stages and the other for development and market deployment.
According to the budget proposals, new European Union-wide research and innovation missions will be supported by Horizon Europe. The missions could vary from the fight against cancer, to clean transport or plastic-free oceans.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
