IHI funding model: investing in innovation
The IHI is funded jointly by the European Union (represented by the European Commission) and the life science industries (represented by COCIR, EFPIA, Vaccines Europe, EuropaBio, and MedTech Europe). The total budget for IHI for the period 2021-2027 is €2.4 billion. Half of this budget comes from cash contributions from Horizon Europe, the other half from contributions from the industry (€1 billion from, mostly, in-kind from the IHI industry partners and €200 million from other life science industries or associations that contribute to IHI as contributing partners)


