*According to a report by the European Court of Auditors (ECA) published last night, commercial outcomes under the Horizon 2020 program fell short, and the European Commission and #39;s monitoring of the payments made was insufficient *The Court examined only one component of the Horizon 2020 program-a component for which euro17 billion was paid out *Half of that amount went to just 550 legal entities out of the 14,500 that participated in projects funded under the ‘Industrial Leadership’ component *The total allocation across all components of the Horizon 2020 program amounted to euro79 billion
ECA Report: Horizon 2020 – billions of euros paid for promises
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*According to a report by the European Court of Auditors (ECA) published last night, commercial outcomes under the Horizon 2020 program fell short, and the European Commission and #39;s monitoring of the payments made was insufficient *The Court examined only one component of the Horizon 2020 program-a component for which euro17 billion was paid out *Half of that amount went to just 550 legal entities out of the 14,500 that participated in projects funded under the ‘Industrial Leadership’ component *The total allocation across all components of the Horizon 2020 program amounted to euro79 billion
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