The ERC, set up by the European Union in 2007, is the premier European funding organisation for excellent frontier research. It funds creative researchers of any nationality and age, to run projects based across Europe.
The ERC offers 4 core grant schemes:: Starting Grants, Consolidator Grants, Advanced Grants und Synergy Grants. With its additional Proof of Concept Grantscheme, the ERC helps grantees to explore the innovation potential of their ideas or research results.
The overall ERC budget from 2021 to 2027 is more than €16 billion, as part of the Horizon Europe programme, under the responsibility of the European Commissioner for Innovation, Research, Culture, Education and Youth, Iliana Ivanova.