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Commission invests €36 million for quicker market access of 16 innovative projects

The European Commission is awarding nearly €36 million to 16 innovative projects under the fourth round of the Fast Track to Innovation (FTI) scheme, run under the EU's research and innovation programme Horizon 2020.

date:  08/06/2016

The projects include advanced composite material technology for wind turbine blades, a laser robot that detects weld defects in ship hulls, a perfected reperfusion device used for resuscitation, ocean energy technologies and a new faster test for antibiotic susceptibility testing in bacteria. The 16 projects involve 72 partners in 16 countries to help bring their innovation on the market faster.

Carlos Moedas, Commissioner for Research, Science and Innovation, said: “Through Horizon 2020, we want to support innovative businesses to compete in global markets. These results bring the total investment to nearly €135 million in fast-access EU funding for close-to-the-market innovation activities, helping European R&D reach successful commercialisation."

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