r/europe • u/MacronLeNecromancer • 2d ago

Data Non-EU countries receive more funding from European Innovation Fund than 2/3 of EU countries combined

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u/eloyend Żubrza 🌲🦬🌳 Knieja 2d ago

I'm confused. Is Israel participating in funding EU in a way Norway does? Or is that just EU funneling money one way?

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u/Xseros Sweden 2d ago

Its a program which non-EU members pay into to be treated like EU members and then get paid back. This is NOT support or aid. Its money investing in research and startups.

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u/UnPeuDAide 1d ago

Do you know why would anyone want to do that? Why would you give me money so that I give you money back?

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u/gasser 1d ago

It's not zero sum.  

https://www.innovationnewsnetwork.com/horizon-europe-delivers-e11-gdp-return-for-every-e1-invested/57616/ 

Investing in research, like education health etc,  actually pays back more than it costs. 

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u/UnPeuDAide 1d ago

Yes but the money is zero sum. eg Norway can invest for research in Norway without giving money to the EU so that EU funds research in Norway.

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u/gasser 1d ago

Except that it's not,  these projects involve dozens of institutions across multiple counties,  without a common framework Norway wouldn't have access to the expertise these other institutions bring so the money would not go as far.  

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u/UnPeuDAide 1d ago

Yes, that is what the other answer said. But nothing in yours said anything about cooperation. It might just be a misunderstanding though, no hard feelings.