Annually, the Canon Foundation in Europe grants up to 15 Fellowships to highly qualified European and Japanese researchers in all fields. The European Fellowship holders pursue a period of research in Japan whereas the Japanese Fellows do their research at host institutions in Europe. Canon Fellows from Europe are free to choose their host institutes and hosts in Japan. The same freedom is given to Japanese Canon Fellows coming to Europe. Canon Foundation Research Fellowships may be applied for when an agreement on co-operation and on a research plan has been reached between the guest researcher and the proposed host institution.