Extracts from the press conference by Máire Geoghegan-Quinn on €8.1 billion investment in research and innovation to create growth and jobs
Type: Summary of press conference
End production: 09/07/2012 First transmission: 09/07/2012
On 9 July 2012, Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science, announced during a press conference the final and biggest ever set of calls for proposals for research under its Seventh Framework Programme (FP7). In total, €8.1 billion will support projects and ideas that will boost Europe's competitiveness and tackle issues such as human health, protecting the environment and finding new solutions to growing challenges linked to urbanisation and managing waste.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science (2 shots)
||Soundbite by Máire Geoghegan-Quinn (in ENGLISH): Knowledge is the currency of the global economy. A swing in the euro, dollar or yen exchange rate might bring momentary respite to some. Labour, land-use and other costs can be an important factor. But the key to competitiveness for just about any economy in the world right now is knowledge, and that means research and innovation. For Europe, research and innovation are critical. We have seen that those EU Member States that have invested in research have largely weathered the current crisis better.
||Soundbite by Máire Geoghegan-Quinn (in ENGLISH): So I am proud that today we are announcing €8.1 billion for new EU research projects, just ten days after EU leaders decided on the Compact for Growth and Jobs. That is because the thread running through the Compact is knowledge. Whether it's the digital single market, green energy, transport infrastructure, or education and training, research and innovation tie them all together. This set of calls is the final chance to gain access to the €55 billion of EU research funding under the current seven-year framework programme, FP7. The €8.1 billion of funding will go to all types of research organisations, independent researchers and innovative businesses, including SMEs.
||Cutaway of a journalist
||Soundbite by Máire Geoghegan-Quinn (in ENGLISH): Our future research and innovation programme Horizon 2020 will be an important break from the past, with funding grouped by societal challenges rather than the current themes. This will ensure flexibility and creativity as we tackle challenges in our ever-changing world. These final FP7 calls build a bridge to Horizon 2020 by mirroring this challenge-based approach in a number of areas, such as Oceans of the future, Raw materials, Smart Cities and Secure clean and efficient energy. We are intent on increasing industry participation in EU-funded research. This is important for our challenge-based approach and important for European competitiveness.