Facts and Figures
The European Research Council (ERC) – the first pan-European funding body for frontier research - was set up in 2007 under the EU's Seventh Framework Programme for Research (FP7, 2007-2013).
It aims to enhance the dynamic character, creativity and excellence of European research at the frontiers of knowledge. Through peer reviewed competitions the best researchers are funded to perform their research in Europe.
The ERC is now part of the first pillar - 'Excellent Science' - of Horizon 2020, the new EU Framework Programme for Research and Innovation. The total budget allocated to the ERC for the period 2014-2020 is over € 13 billion. This represents an approximate 75% increase in the ERC budget compared to the previous seven-year programme.
The total budget allocated to the ERC for the period 2007 to 2013 is € 7.5 billion.
Annual Budget Evolution 2014 - 2020
The call budgets are gradually increased each year and since 2010 the ERC has had a total annual budget of over € 1 billion (which grew from approximately € 300 million in 2007 to € 1.7 billion in 2013).
Since 2007, some 4,000 projects have been selected for funding from more than 43,000 applications.
The ERC counts seven Nobel laureates and three Fields Medalists among its grant holders (see also Prizes and Awards).
Over 10,000 articles acknowledging ERC-funding have appeared in peer-reviewed high impact journals between 2008 and 2011.
Each ERC grantee employs on average six team members, thus contributing to train a new generation of excellent researchers. By 2013, it is estimated that it will have funded over 4 000 grantees and will have supported some 23 500 other team members, offering cutting-edge research training for nearly 7 000 doctoral students and 9 000 postdoctoral researchers.