| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/10/966 (19.7.10) |
| Publication Date | 19/07/2010 |
| Content Type | News |
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European Commissioner Máire Geoghegan-Quinn has announced nearly €6.4 billion of European Commission investment in research and innovation, July 2010. The package covers a vast range of scientific disciplines, public policy areas and commercial sectors. This funding is intended to advance scientific boundaries, increase European competitiveness and help solve societal challenges such as climate change, energy and food security, health and an ageing population. Around 16,000 participants from research organisations, universities and industry, including about 3,000 SMEs, will receive funding. Grants will be awarded through "calls for proposals" (invitations to bid) and evaluations over the next 14 months. Many calls will be formally published on 20 July 2010. This package is an economic stimulus expected to create more than 165,000 jobs. It is also a long-term investment in a smarter, sustainable and more inclusive Europe. It is a key element within the EU's Europe 2020 Strategy and in particular the Innovation Union Flagship, which will be launched in autumn 2010. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/966&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Culture, Education and Research |
| Countries / Regions | Europe |
