IFRF has received an announcement to the effect that “Horizon 2020 – the Framework Programme for Research and Innovation” will be the new name for the integrated funding system which will enter into force on 1 January 2014, after the end of FP7 on 31 Dec 2013. The programme will cover all research and innovation funding currently provided through the Framework Programme for Research and Technical Development, the Competitiveness and Innovation Framework Programme (CIP) and the European Institute of Innovation and Technology (EIT).
According to the press release which is available on the website of the European Commission, the new dispensation will bring together the three funding programmes in a coherent and flexible manner and will have a clear focus on addressing global challenges. Needless red tape will be cut out and access to programmes and participation will be made easier and simpler.
Readers are referred to the full article at the above link.