The European Commission has presented an innovation investment package including plans for five Joint Technology Initiatives (JTIs) in EU-funded research, representing €25 billion over the next seven years.This includes a proposal for a JTI bringing together the EU and Member States in Electronic Components & Systems (ECSEL).

Setting up the new JTI is a key action of the May 2013 European Strategy for micro- and nanoelectronic components and systems.