22. 07.09:
'Smart' Research Investment PPPs
As part of the European Economic Recovery Plan, the Commission is launching a first call for three Public-Private Partnerships (PPPs) in close cooperation with industry to provide EUR3.2 billion of support for long-term ''smart'' research investment in the manufacturing, construction and automotive sectors. The partnerships will focus on the objectives of ''Factories of the Future'' (EUR1.2 billion), ''Energy-efficient Buildings'' (EUR1 billion) and ''Green Cars'' (EUR1 billion) in a bid to boost research efforts in these sectors.
To meet the need for a rapid star-tup, the initiatives will be implemented in the first instance through a series of cross-thematic Coordinated Calls for participation under the relevant FP7 themes. 50% of the total funding is expected to be drawn from the private sector. The total Commission budget in 2010 for these calls is EUR268 million with the first research projects expected to start in the spring of 2010.
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