The Graphene Flagship is a scientific research initiative funded by the European Commission. With a budget of €1 billion, it represents a new form of joint, coordinated research initiative on an unprecedented scale.
How is the Graphene Flagship funded?
The Graphene Core Project is funded by the European Commission, which corresponds to 50 percent of the budget of the whole initiative, while the remaining 50 percent is expected to be financed through Partnering Projects at the regional, national or transnational level. The Partnering Projects and Associate Members do not receive funding from the Graphene Core Project budget.
Initial EU funding came from the 7th Framework programme (FP7) in the ramp-up phase. Currently the Graphene Flagship is funded by Horizon 2020 the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.