Ten partnerships with the industry and Member States were proposed as part of the Innovation Investment Package, and one more followed. The EU's contribution of €9 billion to the package will unlock a €10 billion investment from the private sector and €4 billion from Member States.
Most of the funding will go to Joint Technology Initiatives (JTIs). These are run as Joint Undertakings that organise their own research agenda and award funding for projects on the basis of open calls.
The new Joint Technology Initiatives are active in a number of areas of strategic importance for the EU:
A related type of initiative is
These partnerships allow EU Member States to draw up joint research programmes, in which the Union may participate.
The four joint programmes initially proposed under Horizon 2020 are:
Eight contractual Public-Private Partnerships (cPPPs) of strategic importance for the European industry will leverage more than €6 billion of investments to be allocated through calls for proposals. Each euro of public funding is expected to trigger additional investments of between €3 and €10 to develop new technologies, products and services.
The eight contractual Public-Private Partnerships are: