Which sector receives significant funding under Horizon 2020 for industrial leadership?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

The sector that receives significant funding under Horizon 2020 for industrial leadership is focused on industrial technologies and SME (Small and Medium-sized Enterprises) support. Horizon 2020 is the European Union's flagship research and innovation program aimed at securing Europe's global competitiveness. The program emphasizes promoting innovative industrial technologies, enhancing productivity, and fostering the growth of SMEs, which are crucial for job creation and economic growth.

Investing in industrial technologies helps to drive advancements in sectors such as manufacturing, robotics, and materials, which are pivotal for maintaining a competitive edge. Additionally, supporting SMEs through funding and assistance empowers these businesses to develop new products and services, access new markets, and contribute significantly to innovation and economic development in Europe. This focus on industrial leadership and the role of SMEs is vital for achieving broader goals related to sustainability and job creation in the EU.

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