Launch of the Innovation Investment Package with the participation of José Manuel Barroso, Neelie Kroes, and Máire Geoghegan-Quinn: group photo and round table
On 10 July 2013, José Manuel Barroso, President of the EC, Neelie Kroes, Vice-President of the EC in charge of the Digital Agenda, and Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science, had a working breakfast with CEOs in Brussels, on the occasion of the launching of the Innovation and Investment Package.
The European Commission, EU Member States and European industry will invest more than 22 billion euro in the period 2013-2020 in innovation for sectors that deliver high quality jobs. Most of the investment will go to five public-private partnerships in innovative medicines, aeronautics, bio-based industries, fuel cells and hydrogen, and electronics. These research partnerships will boost the competitiveness of EU industry in sectors that already provide more than 4 million jobs. They will also find solutions to major challenges for society that are not being solved quickly enough by the market alone, such as reducing carbon emissions or providing the next generation of antibiotics. The package also proposes to extend an initiative to pool research and innovation investments in Air Traffic Management (SESAR), in support of the Single European Sky.