The EU innovation program is expected to change and harm research budgets of Israeli high-tech

The European Union's budget program for innovation development is expected to introduce innovations that could harm the research budgets of Israeli high-tech. This is a new outline for the Horizon Europe program, the Horizon 2020 sequel. The new plan was submitted two weeks ago to the European Parliament, and includes new emphasis on allocating a research and development budget of about 100 billion euros for the years 2027-2021.
The new plan will focus on Europe itself and the promotion of innovation within the continent. As a result, countries that are not members of the EU, including Israel, Switzerland, Norway and the United Kingdom, will find it difficult to accept budgets of the same size as in the past.
The main change relates to an item called "open innovation" that focuses on R & D budgets for industry and growth companies, and includes, in the present outline, the distribution of budgets only to EU member states, with a total budget of 13 billion euros. So far, the budget is expected to be only around 20 million euros, and this is a partial budget, and the current proposal is that the implementation and impact of the research programs that benefit from budgeting will be within Europe itself and therefore exclude companies from non-EU countries.
The Horizon 2020 program is Europe's eighth R & D program with a budget of € 77 billion spread over seven years, Israel pays the program a billion euros and receives a refund of € 1.5 billion in support for the various projects. Is one of the growth engines of the Israeli R & D industry and of basic research in academic institutions. In addition to money, it provides possibilities for cooperation with European companies and research institutions as well as direct links to the European target market for the marketing of products and technologies. Israel is a member of the program, like Switzerland and Norway, which are not EU member states.
The parliament's decision is expected to be made in the coming months, and it will set strict or flexible rules of cooperation according to which negotiations will then be held with the commission.
A new outline for the Horizon program is submitted to the European Union every few years and is valid every six years. Israel has been an equal member of Horizon for about 22 years, since 1996. These technologies allow academia, industry and any other legal entity to take part in European research programs and to benefit from supplementary funding. Israeli academia is mainly a successful player in these programs from the outset.