At the heart of the innovation drive to create new jobs and growth in Europe, the Horizon 2020 program is the main financial thrust of the Innovation Union. It's about keeping Europe competitive in R & D with the rest of the world. EPP Group members on the Industry Research and Energy Committee worked hard to steer a new budget, worth more than 70 billion Euros. It will improve research and innovation in a number of competitive industries --all for the first time consolidated in a single program. It brings together the Competitiveness and Innovation Program and the European Institute of Innovation and Technology. Available material includes an edited package.