The European Research Council (ERC) is the first pan-European funding body set up to support investigator-driven frontier research.
The main aim of the newly-established body is to stimulate scientific excellence by supporting and encouraging the very best, truly creative scientists, engineers and scholars to be adventurous and take risks in their research. The scientists should go beyond established frontiers of knowledge and the boundaries of discipline.
Here their statement about open access:
It is the firm intention of the ERC Scientific Council to issue specific guidelines for the mandatory deposit in open access repositories of research results that is, publications, data and primary materials obtained thanks to ERC grants, as soon as pertinent repositories become operational.