The European Commission has now presented the first calls for projects under Horizon 2020, the European Union's €80 billion research and innovation programme. Worth more than €15 billion over the first two years, the funding is intended to help boost Europe's knowledge-driven economy, and tackle issues that will make a difference in people's lives. This includes 12 areas that will be a focus for action in 2014-15, details of which are available on the Horizon 2020 website.

The European Research Council has also announced its first calls for proposals under Horizon 2020 (total budget of €1.7 billion in 2014).

The launch of Horizon 2020 also provides opportunities for even deeper EU-Australian research cooperation. The programme is open to the participation of researchers from across the world.

The EU also reaches out to non-European top talent through European Research Council (ERC) grants, which are open to the best researchers of any nationality willing to come to Europe. ERC grantees' team members can also be of any nationality.

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