Press Release: Digital Agenda: Commission selects six future and emerging technologies (FET) projects to compete for research funding

Six research projects selected to compete for two top spots in the area of research into future and emerging technologies (FET) have been announced by the European Commission at the FET11 conference and exhibition in Budapest.

The six contenders will receive around €1.5 million each to refine their proposal for one year, after which only two will be selected. The aim of these flagship initiatives will be to deliver major breakthroughs in information and communication technologies (ICT), with the potential to provide solutions to some of society's biggest challenges. The two initiatives selected for long-term funding will run for 10 years, each with a total budget of up to €100 million per year.

European Commission: Memo/11/270: Digital Agenda: FET flagships, six cutting edge projects to change the face of Future and Emerging Technologies http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/270&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Memo/11/271: Digital Agenda: European science beyond fiction on display in Budapest http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/271&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Speech/11/306: Neelie Kroes, Vice-President of the European Commission responsible for the Digital Agenda, http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/11/306&format=HTML&aged=0&language=EN&guiLanguage=en

EurActiv, 14.6.12: Billion-euro research race enters closing stage http://www.euractiv.com/innovation-enterprise/euro-research-race-enters-closin-news-513278

---