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The European Commission is pleased to inform that Mrs. Máire Geoghegan-Quinn, European Commissioner for Research and Innovation, has announced on 21 June 2011 the new name for the future EU funding programme for research and innovation: "Horizon 2020 - the Framework Programme for Research and Innovation". It will enter into force on 1st January 2014, after the end of FP7 on 31 Dec 2013.

"Horizon 2020 - the Framework Programme for Research and Innovation" is not just a new name for the same Framework Programme. It is the name for the new, integrated funding system that will cover all research and innovation funding currently provided through the Framework Programme for Research and Technical Development, the Competitiveness and Innovation Framework Programme (CIP) and the European Institute of Innovation and Technology (EIT). These different types of funding will be brought together in a coherent and flexible manner. Research and innovation funding will focus clearly on addressing global challenges. Needless red tape will be cut out and access to programs and participation will be made easier and simpler.

More details can be found in the press release as well as the website of the European Commission.