FP7 is the short name for the Seventh Framework Programme for Research and Technological Development. This is the EU's main instrument for funding research in Europe and it will run from 2007-2013. FP7 is also designed to respond to Europe's employment needs, competitiveness and quality of life.
FP7 is made up of 4 main blocks of activities forming 4 specific programmes with a total budget of € 50.5 billion, plus a fifth specific programme on nuclear research with a budget of € 2.7 billion:
- Cooperation;
- Ideas;
- People;
- Capacities.