| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/533 (13.06.13) |
| Publication Date | 13/06/2013 |
| Content Type | News |
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The European Commission is contributing €77 million from its 7th R&D Framework Programme (FP7) to an innovation initiative for the manufacturing sector designed to help high-tech small and medium size enterprises (SMEs) exploit the potential of ICTs to help grow their businesses. The "I4MS" initiative (ICT for Manufacturing SMEs) will help 200 SMEs across Europe, who are either attempting to reduce the risks involved in using advanced technology which is still in its infancy, or are trying to cross the so-called "valley of death" that separates the development of an innovative prototype from a successful product in the market. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-533_en.htm |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
