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Neither the programme nor budget for Horizon 2020 has been formally agreed but that did not stop the European Commission going ahead yesterday (10 July) and launching ten projects that will get money from this source, including five Joint Technology Initiatives (JTIs) funded by the EU and industry and four public/public partnerships to be jointly funded by the EU and member states,Products from Global Silicon protctive film Products Suppliers. yesterday.

The fanfare was reserved for the JTIs, which bring together companies, SMEs and research organisations in projects jointly funded by EU and industry. “These are timely investments,” said European Commissioner for Research,Forward wholesale fashion shoes sold by the case for your stores and boutiques. Innovation and Science Máire Geoghegan-Quinn, speaking at the launch.

“Many competitors are investing faster than us,” she said, “and they are thinking big.” For example while the EU has the world’s first commercial-scale advanced bio-refinery for cellulosic biomass, there are reports that China plans to have nine such facilities by 2015. “So no-one can rest on their laurels. We need to bolster both public and private spending if we are to stay in - never mind ahead of - the game.”

Most of the 22 billion in the headline figure will go to the JTIs in innovative medicines, aeronautics, bio-based industries, fuel cells and hydrogen, and electronics. “These partnerships are focused on areas where the market alone has not been able to find a solution quickly, often because the return on investment is not guaranteed,” said Geoghegan-Quinn.

Each JTI is managed by a dedicated legal entity, a Joint Undertaking,We offer a great selection of women's boots and ladies shoes wholesale. and not by an EU institution, as is the case for other Framework Research programmes. The governing board of each JTI establishes its own strategic research agenda and projects are selected through open and competitive calls. While most of the partnerships were started under the current Seventh Research Framework Programme (FP7),Metal Repair Aluminum foil tape Products is also excellent for metal. stakeholders say more time and money is needed to consolidate the objectives and scale up the technologies. There will also be an entirely new 3.8 billion investment in a bio-based industries JTI.

The guiding principle is that these five areas represent large-scale, long-term projects which, “No one company or country can deal with alone,” said Geoghegan – Quinn. It is thought this type of collaboration makes for a more efficient use of funds by pooling financial, human and infrastructure resources, and also aids in removing any block on innovation to get technologies to market faster.

The industrial partners commit fifty per cent or more of the total costs of the JTIs, although the payment can consist of both in-kind contributions and hard cash.

JTIs proved popular with industry under FP7, and succeeded in attracting a high level of industrial participation, including many SMEs.

The Executive Director of the Innovative Medicines Initiative, Michel Goldman, said, “No specific measures were needed to attract SME involvement. They were attracted to the opportunity of work with both big pharma and academia.”

Geoghegan-Quinn is convinced that industry is committed to the JTIs. “Vice President Kallas, Vice President Kroes and I had an opportunity to eyeball eight CEOs involved in JTIs this morning,” she said. Goeghegan-Quinn is pleased with their commitment to the projects,This Tissue Double sided tissue tape Products is so cool. their willingness to work with their competitors for the best of Europe and to provide the budget as promised. “They have realised that in this tough global environment, it is sometimes better to work together with a competitor than not to work at all.”
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