The brain-computer interface (BCI) field has grown dramatically over the past few years, but there are still no coordinated efforts to ensure efficient communication and collaboration among key stakeholders. The European Commission (EC) has recently renewed their efforts to establish such a coordination effort by funding a coordination and support action for the BCI community called ‘BNCI Horizon 2020’ after the ‘Future BNCI’ project. Major goals of this new project include developing a roadmap for the next decade and beyond, encouraging discussion and collaboration within the BCI community, fostering communication with the general public, and the foundation of an international BCI Society. We present a short overview of current and past EU-funded BCI projects and provide evidence of a growing research and industrial community. Efficient communication also entails the establishment of clear terminology, which is a major goal of BNCI Horizon 2020. To this end, we give a brief overview of current BCI-related terms and definitions. A major networking activity in the project was the BNCI Horizon 2020 Retreat in Hallstatt, Austria. Over 60 experts participated in this event to discuss the future of the BCI field in a series of plenary talks, targeted discussions, and parallel focus sessions. A follow-up event was the EU BCI Day at the 6th International Brain-Computer Interface Conference in Graz, Austria. This networking event included plenary talks by eight companies and representatives from all seven ongoing EU research projects, poster presentations, demos, and discussions. Another goal of BNCI Horizon 2020 is the foundation of an official BCI Society. In this article, we summarize the current status of this process. Finally, we present visions for future BCI applications developed within BNCI Horizon 2020 using input from external BCI experts as well. We identify common themes and conclude with six exemplary use cases.