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You are perfectly right!

I would just add this, from my experience with Horizon 2020: we were working on an R&D project at the time. Applied for grant. We got €16,000, peanuts. (We needed a few hundred thousand....) My point is that this type of EC/EU financing is distributed in a somewhat "social-democratic" manner, under the principle of "everyone should get something". Not mentioning the bureaucratic hell we went through to apply and get the funding.



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