[sottol]

Why? $500M could pay 1000 scientists/academics (up to) a $50k pay-bump for 10 years each. Even if 50% would be lost to "administrative overhead", $25k over the usual EU market rate (which is lower than US) per year per scientist might entice many to move.

I don't know how this program would be structured, but imo this program is not doomed to fail due to underfinancing - of course this being an EU program it surely has other issues.

[alephnerd]

It's too little.

Even countries like India are offering $50K-100K lab seed grants for western educated academics from the diaspora in high impact fields to take tenure track roles at major institutes, while offering free housing (as in an actual house) and a $15-30k salary depending on experience.

These EU programs are pennywise and pound foolish, and fail to incorporate private sector players or partnerships, and the lack of English fluency and established communities from a number of overrepresented countries in STEM makes the EU not as enticing.

You may as well go to America and earn the top dollar, or go to Australia, Japan, or Korea where you will earn a Western European salary but US level grants and have added cultural competency.

[sottol]

How do the EU/Indian programs compare, eg in monetary outlay? It's hard to find numbers.