The EU is investing 30 billion euros for innovation

The European Commission is investing 30 billion euros for new solutions to the societal challenges and breakthrough innovations in the 2018-2020 period from the Horizon 2020 Research and Innovation Framework Program – Carlos Moedas, Commissioner for Research, Innovation and Science said at a press conference on Friday in Brussels.

According to the EU Commissioner, the amount allocated from the European Horizon 2020 Framework for Scientific Development focuses on migration, security, climate change, clean energy and the digital economy. In addition, it will use a new approach to promote breakthrough market-creating innovations. (MTI)