EU Newsbrief: 8 Billion-Euro Research Call to Generate Growth

Jul 10, 2012, 13:57 ET from Delegation of the European Union to the United States

WASHINGTON, July 10, 2012 /PRNewswire-USNewswire/ -- The European Commission announced the biggest ever set of calls for proposals for research under its Seventh Framework Program (FP7), with a total of 8.1 billion euros allocated for projects and ideas that should boost Europe's competitiveness and tackle issues such as environmental protection and waste management. The funding is open to organizations and businesses in EU Member States and partner countries such as the United States.

"Knowledge is the currency of the global economy," said European Research, Innovation and Science Commissioner Maire Geoghegan-Quinn. "If Europe wants to continue to compete in the 21st century, we must support the research and innovation that will generate growth and jobs, now and in the future."

The funding makes up the lion's share of the EU's proposed 10.8 billion euro research budget for 2013 and is building a bridge to Horizon 2020, the next funding program for EU research from 2014-2020.

FP7 Participant Portal

SOURCE Delegation of the European Union to the United States