The Hebrew University in Jerusalem leads Israeli universities in research grants won from the European Union, according to figures released on Monday by the Israeli Directorate of the European Union's Framework Program for Research and Technological Development (ISERD). The EU grants research funds through multi-year "framework programs" that target promising projects in universities, research institutes and industry. The Sixth Framework Program, which ran from 2002 to 2006, granted the Hebrew University some 26 million Euros (NIS 131 million), about a quarter of the total funds invested in Israeli research institutions, some 112.5 million Euro (NIS 566 million). "The EU framework program funds have become the second largest source of research funds for the university, after the Israel National Science Foundation," according to Prof. Hillel Bercovier, Vice President for Research and Development. "We look forward to even greater funding from this EU source in the Seventh Framework Program [that will run from 2007 to 2013."