Australian scientists now access world's largest research fund
Australia signed an agreement allowing researchers to compete for funding from Horizon Europe, a $155 billion EU research program.
Australian universities and research groups can now join Horizon Europe, the world's largest research and innovation fund. The agreement signed by Industry Minister Tim Ayres opens the door to projects in technology, renewable energy, critical minerals and climate research.
Australian researchers can lead or join these projects from January 1. The federal government invested $20 million to enable access.
The Group of Eight universities matched this funding. Australia joins Canada, New Zealand and the UK in having full participation rights.
The move builds Australia's research connections with international experts and could boost the country's track record on turning innovation into commercial success.
- $155 billion
- Fund size
- $20 million
- Government investment to enable access
- January 1
- Start date
- Canada, New Zealand, UK
- Other countries with access
Why it mattersAccess to the fund lets Australian researchers compete for billions in research money and build global partnerships that strengthen innovation.
AustraliaAustralian scientists can now collaborate on major research projects and access funding that was previously closed to them.
