New Cohesion Policy - Czech Republic

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"EU funds boosted the Czech GDP by more than 4% over the past 10 years, according to recent estimates – by investing in infrastructure, in more than 30.000 SMEs and in research and innovation. Now we are looking forward to present in Prague a reformed cohesion policy for the future that will keep supporting the Czech economy even better." Commissioner for Regional Policy Corina Creţu

Project

IT4Innovations Supercomputer

How to fight brain drain and build a strong sustainable economy? The Czech Republic, with the support of EU cohesion policy, shows the way!
IT4Innovations is a supercomputer centre aimed at delivering scientifically excellent and relevant research for industry.
The project ensured the scientific capacities required for such research, particularly the development and application of supercomputing and embedded systems. These supercomputers, which were co-financed by the European Regional Development Fund, are amongst the most powerful in the world, and. their research capacity can be used to simulate climate change, manage traffic and even help prevent natural disasters.
The investment has contributed to the creation of 200 new highly-skilled workplaces in R&D.
Project website



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