This figure broadly sketches the cycle of research and innovation funding from the perspective of funding agencies (RFOs). Depending on the specific workflows and regulatory framework within which an RFO operates, some steps may have greater weight or overlap with others. For instance, strategy development and program development might go hand in hand, while a program evaluation might inform the development of a new program without the development of a new strategy. As an output developed in the context of the H2020 project PRO-Ethics, the graph showcases where within an R&I funding cycle participatory engagement may be undertaken.