How will the money of Horizon 2020 be spent?

European Parliament has approved €77 billion to the EU research programme Horizon 2020. How will the money be spent?

MEPs made it a target that at least 11% of the Horizon 2020 budget should go to small and medium sized enterprises (SMEs). Moreover, there will be a specialised SMEs department, with its own budget, to ensure that the programme's calls for tenders are SME-friendly.

Have a look to this pie chart (below) or click here to go to the tree map.