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European Parliament signs off on remaining piece of Horizon 2020 worth €9B

Next generation of public-public research programmes in fields of clinical trials, SME financing, active ageing and metrology among initiatives that received green light from MEPs. 

According to an article published on Science|Business, the European Parliament - in a chock-full final plenary session of this term - has had its say on the remaining research initiatives of the European Union’s main research programme, Horizon 2020.

On Tuesday afternoon (15 April) MEPs rubber-stamped a bumper €22 billion parcel of 11 initiatives – herded together in the so-called “innovation investment package” for ease of digestion – forged from agreements reached in negotiations with member states and industry over the past few months.

 

Six of these initiatives will manage research competitions in the areas of innovative medicines, aeronautics, bio-based industries, fuel cells and hydrogen, electronics and rail transport – and are collectively steered by the European Commission and industry in public-private partnership agreements (PPPs).

A seventh PPP – a research project called SESAR that is tasked with modernising air traffic management systems – will receive funding until its membership under Horizon 2020 expires in 2016.

The remaining four initiatives are in the public-public partnership (P2P) mould and seek to help national governments integrate their research programmes better together in fields as diverse as clinical trials, SME financing, active ageing and metrology.

A lot of these initiatives existed under Horizon 2020’s successor, the seventh framework programme (FP7), and are returning with larger budgets. It’s likely the Council will grant the final adoption of these initiatives mid-May.

European Commissioner for research, Máire Geoghegan-Quinn, said, “I look forward to the final approval of the package by the member states, with a view to launching these partnerships in July."

Dividing up the coppers

Over the next seven years, the EU injecting a little less than €9 billion into these projects is expected to mobilise some €9 billion from the private sector and about €4 billion from member states.

The lion’s share of EU money is going to the PPPs. Each PPP is an independent legal entity jointly funded by the European Commission and industry.

The Commission will put in up to 50 per cent in cash, while the contribution of industrial partners can consist of both in-kind contributions and hard cash. For the project ECSEL, the member states are also putting in money.

Read more on Science|Business

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EuropeLogo eInfastructure This project has received funding from the European Union's Seventh Framework Programme for research, technological development and demonstration under grant agreement no 313203
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