Public Private Partnerships (PPPs)
As part of the European Economic Recovery Plan, the Commission has launched in 2009 three Public-Private Partnerships (PPPs). The three PPPs represent a powerful means of boosting research efforts in three large industrial sectors - automotive, construction and manufacturing - which have been particularly affected by the economic downturn and where innovation can significantly contribute towards a more green and sustainable economy.
The Commission and the industrial partners work intensively together to develop the implementation plans for the three partnerships:
- "Factories of the Future" initiative for the manufacturing sector (€1.2 billion for R&D);
- "Energy-efficient Buildings" initiative for the construction sector (€1 billion for R&D); and
- "Green Cars" initiative for the automotive sector worth a total of €5 billion, of which €1 billion is for research activities.
The Commission foresees to provide a contribution of 50% to the total R&D budget from the budget of the 7th Framework Programme, with matching investment coming from the private sector.
In the PPP approach, there are the following advantages:
- renewed confidence to invest in long-term research even when faced with short-term economic problems;
- a leading role for industry, including SMEs, in the definition of the strategic priorities and the implementation of the research;
- a multi-annual integrated work programme with a pre-defined budget, ensuring continuity and allowing industry to make long-term investment plans,
- a cross-thematic approach going from basic and applied research through to validation and large-scale demonstration, with an increased emphasis on impact and exploitation;
- increased opportunities to support innovation in SMEs; and
- a single-stage submission of proposals leading to a faster evaluation process and time to contract.
Information Day on 9 July 2010 - 07/05/2010
In order to support the preparation of proposals, the Directorates General for Research, Information Society and Media, Energy, and for Mobility and Transport of the European Commission are holding a Joint Information Day on 9 July 2010 in the Charlemagne building, rue de la Loi 170, in Brussels.