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University of Cyprus research project to be financed by 'Horizon 2020'

29 April, 2014

The University of Cyprus Oceanography Centre has secured financing of its research project MyOCEAN-FO, coordinated by the Deputy Director of the Centre Dr. Yiogos Zodiatis, under the EU Research and Innovation Programme Horizon 2020.

According to a press release issued by the University of Cyprus, the project aims at continuing the development of operational oceanographic predictions and to facilitate maritime applications regarding maritime security, maritime resources, the sea and off shore environment and the change of climate.

The budget for the project reaches 6 million euro for the period October 1, 2014, until March 2015. The budget for the Oceanographic Centre is 67.500 euro and will cover the expenses for hiring to scienties.

The Centre is responsible on issues regarding maritime oceanographic prediction at Eastern Leviathan and heads the project for educating new users of Copernicus MyOCEAN-FO maritime services.

'Horizon 2020' is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

'Horizon 2020' is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe`s global competitiveness.