Sunday , November 28 2021
Home / le News / Left out of Horizon, Switzerland starts funding its own participation

Left out of Horizon, Switzerland starts funding its own participation

Summary:
This week, Switzerland’s federal council released CHF 400 million to fund Swiss research projects once part of Horizon Europe, an EU research programme that is the world’s most heavily funded. Switzerland was cut out of the programme when it unilaterally ended talks with the EU aimed at agreeing a deal with the bloc. © Korn Vitthayanukarun | Dreamstime.comSince being cut out of Horizon Europe in July 2021, the Swiss government has earmarked CHF 6.15 billion to fund research over the next 7 years. This week it released CHF 400 million of these funds, reported RTS. Switzerland is currently deemed an unassociated third party country. This allows Swiss researchers to collaborate in roughly two thirds of Horizon Europe projects without EU financing. The Swiss government has pledged to

Topics:
Investec considers the following as important: , , ,

This could be interesting, too:

Investec writes Average Swiss household income reaches nearly 115,000 francs

Investec writes Swiss Federal Council rejects two votes on pension reform

Investec writes Swiss franc highest against Euro since July 2015

Investec writes Lights out – Geneva to cut lights to save electricity

This week, Switzerland’s federal council released CHF 400 million to fund Swiss research projects once part of Horizon Europe, an EU research programme that is the world’s most heavily funded. Switzerland was cut out of the programme when it unilaterally ended talks with the EU aimed at agreeing a deal with the bloc.

© Korn Vitthayanukarun | Dreamstime.com

Since being cut out of Horizon Europe in July 2021, the Swiss government has earmarked CHF 6.15 billion to fund research over the next 7 years. This week it released CHF 400 million of these funds, reported RTS.

Switzerland is currently deemed an unassociated third party country. This allows Swiss researchers to collaborate in roughly two thirds of Horizon Europe projects without EU financing. The Swiss government has pledged to directly fund Switzerland’s participation.

The federal government would like to regain full membership to the programme by becoming an associate member. However, the EU continues to view Switzerland’s membership within the context of the nation’s overall relationship with the bloc, excluding negotiations specific to the Horizon programme.

If full membership remains elusive the remainder of CHF 6.15 billion earmarked could be used to finance Switzerland’s participation in Horizon projects on a case by case basis until the end of the programme.

The Horizon Europe programme runs from 2021 to 2027 and has a budget of 95.5 billion euros.

More on this:
RTS article (in French) – Take a 5 minute French test now

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *