Facts and Figures
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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 Programme for Research and Innovation. The total budget allocated to the ERC for the period 2014-2020 is € 13.1 billion. Which means, in real terms (i.e. without considering inflation), an increase of 60 % compared to FP7.
The ERC represents 17% of the overall Horizon 2020 budget (€ 13.1 billion of € 77 billion)
The total annual budget for 2014 will be of € 1.7 billion, and as from 2016 the call budgets are gradually increased each year
Since 2007, some 4,500 projects have been selected for funding from more than 43,000 applications
The ERC counts eight Nobel laureates and three Fields Medalists among its grant holders (see also Prizes and Awards)
Over 20,000 articles acknowledging ERC-funding have appeared in peer-reviewed high impact journals between 2008 and 2013
Each ERC grantee employs on average six team members, thus contributing to train a new generation of excellent researchers. Under Horizon 2020, it is estimated that around 7,000 grantees will be funded and 42,000 team members supported, offering cutting-edge research training for nearly 11,000 doctoral students and almost 16,000 postdoctoral researchers.