New algorithms for applications on European exascale supercomputers

This section outlines the types of entities eligible for the main grant and the specific target groups for the financial support provided to third parties, along with the geographical scope and the overarching objectives of the program.

This program focuses on pioneering research and development in high-performance computing, specifically supporting the creation of new algorithms for advanced supercomputing systems. It targets early-stage innovations that demonstrate significant potential to enhance computational efficiency and solve complex problems.

This program primarily offers grants, with a significant portion dedicated to cascade funding for third-party projects. It provides substantial financial support for developing novel algorithms for exascale supercomputers, ensuring high EU funding rates and defining specific durations for both the main project and individual third-party projects.

The program sets out specific conditions for application and implementation, emphasizing transparent selection processes for third parties and strict rules regarding intellectual property and exploitation of results within the EU.

The application process is a single-stage submission following Horizon Europe guidelines, with a structured evaluation focusing on expected impact and innovation. The main consortium, once awarded, is responsible for managing a transparent, competitive call for third-party funding.

The program is fundamentally rooted in specific EU regulations governing the EuroHPC Joint Undertaking and operates within the broader legal framework of Horizon Europe, ensuring adherence to established EU financial and research policies.