Budget: €95.5 billion allocated for 2021-2027, making it one of the world's largest transnational public investments in R&D.

Three Pillars: Structured around 'Excellent Science' (e.g., European Research Council), 'Global Challenges and European Industrial Competitiveness' (e.g., health, climate, digital), and 'Innovative Europe' (e.g., European Innovation Council).

Missions: Five ambitious, challenge-driven missions to address major societal issues like climate change, cancer, and healthy oceans.

International Cooperation: Open to researchers from around the world, with specific provisions for 'associated countries' (like the UK) that contribute financially.

Impact Focus: Aims to translate research results into tangible benefits for society, economy, and environment.

Key Stakeholders: Funds universities, research organizations, small and medium-sized enterprises (SMEs), large industries, public bodies, and individual researchers.

Synergies: Encourages synergies with other EU programs and national funding initiatives.

Open Science: Promotes open access to publications and research data.

Strategic Planning: Guided by a strategic plan that sets out key policy priorities and expected impacts.

Association Status: Allows non-EU countries to participate in the program on similar terms as EU member states, including eligibility for funding, in exchange for a financial contribution.

Budget: €95.5 billion allocated for 2021-2027, making it one of the world's largest transnational public investments in R&D.

Three Pillars: Structured around 'Excellent Science' (e.g., European Research Council), 'Global Challenges and European Industrial Competitiveness' (e.g., health, climate, digital), and 'Innovative Europe' (e.g., European Innovation Council).

Missions: Five ambitious, challenge-driven missions to address major societal issues like climate change, cancer, and healthy oceans.

International Cooperation: Open to researchers from around the world, with specific provisions for 'associated countries' (like the UK) that contribute financially.

Impact Focus: Aims to translate research results into tangible benefits for society, economy, and environment.

Key Stakeholders: Funds universities, research organizations, small and medium-sized enterprises (SMEs), large industries, public bodies, and individual researchers.

Synergies: Encourages synergies with other EU programs and national funding initiatives.

Open Science: Promotes open access to publications and research data.

Strategic Planning: Guided by a strategic plan that sets out key policy priorities and expected impacts.

Association Status: Allows non-EU countries to participate in the program on similar terms as EU member states, including eligibility for funding, in exchange for a financial contribution.