FP7
FP7 is the short name for the
Seventh Framework Programme for Research and Technological Development. This is
the EU's main instrument for funding research in Europe
and it will run from 2007 to 2013.
The EC budget for the next seven
years is € 50.5 billion and the Euratom budget for the next five years is € 2.7 billion1. Overall,
this represents a 41% increase from FP6 at 2004 prices and 63% at current
prices. FP7 is also designed to respond to Europe’s
employment needs and competitiveness. FP7 supports research in selected
priority areas - the aim being to make, or keep, the EU as a world leader in
those sectors.
