Annually, the Canon Foundation in Europe grants up to 15 Fellowships to highly qualified European and Japanese researchers. European Fellows are expected to pursue a period of research in Japan whereas Japanese Fellows are expected to do their research in Europe.

Canon Foundation Fellowships are for a minimum period of three months up to maximum of one year. The financial support for Research Fellows ranges from 22,500 Euro to 27,500 Euro per year and pro-rata for different periods.

All fields of research are supported. There are no limitations or restrictions. Applicants do not have to be currently enrolled or employed at the time of applying.

The average success rate is around 10%. Funding decisions are based on the quality of the research plan, the reference letters and the host confirmation.