EU-industry partnerships seek innovation boost with first €1 billion for projects Published on: 09/07/2014, Last update: 10/07/2014
José Manuel Barroso, President of the European Commission, said: "Only if the best brains from academia, industry, SMEs, research institutes and other organisations come together can we successfully tackle the huge challenges that we are facing. This is what public-private partnerships are about, the joining of forces to make the lives of Europeans better, create jobs and boost our competitiveness. We are committed to prioritising the impact of the European budget on the recovery, and these partnerships are doing just that, with first calls for proposals for 1,1 billion euros to be matched by industry, within a package representing an overall 22 billion euros boost to growth and jobs creation over seven years. They will continue delivering results that no single country, company or even the European Union as such would achieve alone."
Research partnerships between the EU, the private sector and Member States presented their first calls for projects and partners under Horizon 2020, the EU's €80 billion research and innovation programme.
Worth a total of €1.13 billion in public funding, which will be complemented by a comparable amount from the private partners, the first round of funding will go into projects that will improve people's lives as well as boost international competitiveness of Europe's industry. Topics include new treatments for diabetes and eye disease and a roll out of dozens of hydrogen-powered road vehicles and refuelling stations.