{
  "url": "https://openlegislation.uk/eu-regulation-2015-1017/annex-I/division-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2015-1017/annex-I/division-1.json",
  "legislation": "eur/2015/1017",
  "legislation_title": "Regulation (EU) 2015/1017 of the European Parliament and of the Council of 25 June 2015 on the European Fund for Strategic Investments, the European Investment Advisory Hub and the European Investment Project Portal and amending Regulations (EU) No 1291/2013 and (EU) No 1316/2013 — the European Fund for Strategic Investments",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2015-1017",
  "path": "annex/I/division/1",
  "kind": "division",
  "number": "(1)",
  "heading": "Regulation (EU) No 1291/2013 is hereby amended as follows:",
  "text": "(a) In Article 6, paragraphs 1, 2 and 3 are replaced by the following:\n‘1. The financial envelope for the implementation of Horizon 2020 is set at EUR 74 828,3 million in current prices, of which a maximum of EUR 72 445,3 million shall be allocated to activities under Title XIX TFEU.\nThe annual appropriations shall be authorised by the European Parliament and by the Council within the limits of the multiannual financial framework.\n2. The amount for activities under Title XIX TFEU shall be distributed among the priorities set out in Article 5(2) of this Regulation as follows:\n(a) Excellent science, EUR 24 232,1 million in current prices;\n(b) Industrial leadership, EUR 16 466,5 million in current prices;\n(c) Societal challenges, EUR 28 629,6 million in current prices.\nThe maximum overall amount for the Union financial contribution from Horizon 2020 to the specific objectives set out in Article 5(3) and to the non-nuclear direct actions of the JRC shall be as follows:\n(i) Spreading excellence and widening participation, EUR 816,5 million in current prices;\n(ii) Science with and for society, EUR 444,9 million in current prices;\n(iii) Non-nuclear direct actions of the JRC, EUR 1 855,7 million in current prices.\nThe indicative breakdown for the priorities and specific objectives set out in Article 5(2) and (3) is set out in Annex II.\n3. The EIT shall be financed through a maximum contribution from Horizon 2020 of EUR 2 383 million in current prices as set out in Annex II.’.\n(b) Annex II is replaced by the following text:\n‘ANNEX II\nBreakdown of the budget\nThe indicative breakdown for Horizon 2020 is as follows, subject to the annual budgetary procedure:\nIncluding EUR 7 423 million for Information and Communication Technologies (ICT) of which EUR 1 549 million for photonics and micro-and nanoelectronics, EUR 3 741 million for nanotechnologies, advanced materials and advanced manufacturing and processing, EUR 501 million for biotechnology and EUR 1 403 million for space. As a result, EUR 5 792 million will be available to support Key Enabling Technologies.\nAround EUR 994 million of this amount may go towards the implementation of Strategic Energy Technology Plan (SET Plan) projects. Around one third of this may go to SMEs.\nWithin the target of allocating a minimum of 20 % of the total combined budgets for the specific objective “Leadership in enabling and industrial technologies” and the priority “Societal challenges” for SMEs, a minimum of 5 % of those combined budgets will be initially allocated to the dedicated SME instrument. A minimum of 7 % of the total budgets of the specific objective “Leadership in enabling and industrial technologies” and the priority “Societal challenges” will be allocated to the dedicated SME instrument averaged over the duration of Horizon 2020.\nThe Fast Track to Innovation (FTI) pilot actions will be funded from the specific objective “Leadership in enabling and industrial technologies” and from the relevant specific objectives of the priority “Societal challenges”. A sufficient number of projects will be launched in order to allow a full evaluation of the FTI pilot.\nEUR million in current prices\nI\nExcellent science, of which:\n24 232,1\n1.\nEuropean Research Council (ERC)\n13 094,8\n2.\nFuture and Emerging Technologies (FET)\n2 585,4\n3.\nMarie Skłodowska-Curie actions\n6 162,3\n4.\nResearch infrastructures\n2 389,6\nII\nIndustrial leadership, of which:\n16 466,5\n1.\nLeadership in enabling and industrial technologies,\n13 035\n2.\nAccess to risk finance\n2 842,3\n3.\nInnovation in SMEs\n589,2\nIII\nSocietal challenges, of which\n28 629,6\n1.\nHealth, demographic change and well-being\n7 256,7\n2.\nFood security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy\n3 707,7\n3.\nSecure, clean and efficient energy\n5 688,1\n4.\nSmart, green and integrated transport\n6 149,4\n5.\nClimate action, environment, resource efficiency and raw materials\n2 956,5\n6.\nEurope in a changing world – Inclusive, innovative and reflective societies\n1 258,5\n7.\nSecure societies – Protecting freedom and security of Europe and its citizens\n1 612,7\nIV\nSpreading excellence and widening participation\n816,5\nV\nScience with and for society\n444,9\nVI\nNon-nuclear direct actions of the Joint Research Centre (JRC)\n1 855,7\nVII\nThe European Institute of Innovation and Technology (EIT)\n2 383\nTOTAL\n74 828,3\n’.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Including EUR 7 423 million for Information and Communication Technologies (ICT) of which EUR 1 549 million for photonics and micro-and nanoelectronics, EUR 3 741 million for nanotechnologies, advanced materials and advanced manufacturing and processing, EUR 501 million for biotechnology and EUR 1 403 million for space. As a result, EUR 5 792 million will be available to support Key Enabling Technologies."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "The Fast Track to Innovation (FTI) pilot actions will be funded from the specific objective “Leadership in enabling and industrial technologies” and from the relevant specific objectives of the priority “Societal challenges”. A sufficient number of projects will be launched in order to allow a full evaluation of the FTI pilot."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Around EUR 994 million of this amount may go towards the implementation of Strategic Energy Technology Plan (SET Plan) projects. Around one third of this may go to SMEs."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Within the target of allocating a minimum of 20 % of the total combined budgets for the specific objective “Leadership in enabling and industrial technologies” and the priority “Societal challenges” for SMEs, a minimum of 5 % of those combined budgets will be initially allocated to the dedicated SME instrument. A minimum of 7 % of the total budgets of the specific objective “Leadership in enabling and industrial technologies” and the priority “Societal challenges” will be allocated to the dedicated SME instrument averaged over the duration of Horizon 2020."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2015/1017/annex/I/division/1",
    "retrieved_at": "2026-11-01T14:46:37.078763+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}