Innovatin Enterprise Network logo

€7 billion boost for research and innovation will create jobs and growth

  • strict warning: Declaration of cck_facet::build_root_categories_query() should be compatible with faceted_search_facet::build_root_categories_query() in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/cck_facets/cck_facets.inc on line 16.
  • strict warning: Declaration of content_type_facet::build_root_categories_query() should be compatible with faceted_search_facet::build_root_categories_query() in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/faceted_search/content_type_facet.module on line 140.
  • strict warning: Declaration of taxonomy_facet::build_root_categories_query() should be compatible with faceted_search_facet::build_root_categories_query() in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/faceted_search/taxonomy_facets.module on line 285.
  • strict warning: Declaration of flag_rules_data_type::get_default_input_form() should be compatible with rules_data_type::get_default_input_form($variable_info, $value, &$form_state) in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/flag/includes/flag.rules.inc on line 30.
  • strict warning: Non-static method flag_flag::factory_by_row() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/flag/flag.module on line 890.
  • strict warning: Non-static method flag_flag::factory_by_row() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/flag/flag.module on line 890.
  • strict warning: Non-static method view::load() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/views.module on line 906.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/handlers/views_handler_argument.inc on line 32.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/handlers/views_handler_filter.inc on line 26.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/handlers/views_handler_filter.inc on line 26.
  • strict warning: Declaration of views_handler_filter_boolean_operator::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/handlers/views_handler_filter_boolean_operator.inc on line 13.
  • strict warning: Non-static method view::load() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/views.module on line 906.
  • strict warning: Non-static method view::load() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/views.module on line 906.
  • strict warning: Non-static method view::load() should not be called statically in /home/sdccdrup/public_html/sites/ienetwork.ie/modules/views/views.module on line 906.

The European Commissioner for Research, Innovation and Science, Máire Geoghegan-Quinn, today announced nearly €7 billion to kick-start innovation through research. The European Commission's biggest ever such funding package, under the EU's Seventh Framework Programme for Research (FP7), is expected to create around 174 000 jobs in the short-term and nearly 450 000 jobs and nearly €80 billion in GDP growth over 15 years1. EU research funding is at the top of the political agenda and has now been placed at the centre of a coherent innovation strategy, the Innovation Union, which Europe needs if it is to compete with large, dynamic countries like the US and China.

Grants will promote research to tackle the biggest societal challenges facing Europe and the world. Universities, research organisations and industry will be among more than 16.000 funding recipients. Special attention will be given to SMEs, including a package close to €1 billion. There will also be a new EU Prize for Women Innovators whose work has been funded by FP7 or earlier programmes. The majority of the "calls for proposals" (invitations to bid for funds) will be published on 20 July.

Further details go to Europa.eu