Seventh Framework Programme for Research and Technological Development

Overview
The European Union's Seventh Framework Programme for Research and Technological Development (FP7) is the EU's main instrument for funding research in Europe and it will run from 2007-2013. The programme has a total budget of over €50 billion. This represents a substantial increase compared with the previous Framework Programme FP6 (41% at 2004 prices, 63% at current prices), a reflection of the high priority of research in Europe.

FP7 is also designed to respond to Europe's employment needs, competitiveness and quality of life.