- Centers and universities achieve 32 Consolidator Grants, placing Spain as the fourth recipient country of aid
- Each researcher selected has up to 2.75 million euros for his project
The Spanish centers and universities have obtained 32 Consolidator aids from the European Research Council (ERC), which means an approximate financing of 60 million euros. The 2014 call, aimed at excellence projects of distinguished researchers, places Spain as the fourth recipient country of aid with the Netherlands and only behind the United Kingdom, Germany and France.
Thanks to the aid granted by the ERC, Spain has managed in recent years to attract top-level foreign researchers and facilitate the return of national scientists who developed their work outside. The Consolidator Grants, which grant up to 2.75 million euros per selected project, are grants from the leading research funding body of excellence in Europe for experienced researchers.
During 2014, Spain has significantly increased the aid received. According to a report published by the Spanish Foundation for Science and Technology (FECYT), Spain has tripled the number of projects funded by the ERC from 2008 to 2013. The report states that Spain was ranked eighth in terms of funded projects, positioning itself above the average with 208 grants awarded in the period 2008-2013.
In terms of financing, Spain ranks seventh in the total amount granted through grants, with a rate of return of 5.2% for all countries and 6% for EU countries.