EU invests EUR 1.2 Billion in ICT
The European Commission announced a EUR 6.4 billion investment package for research and innovation. EUR 1.2 billion are to go towards research and development in the ICT sector, which, according to the Commissions’ press release, “will help deliver the Commission's commitment on the Digital Agenda for Europe to maintain the pace of yearly increases in ICT funding.”
Around 16,000 participants from research organisations, universities and industry, including about 3,000 small- and medium-sized enterprises, will receive funding. Grants will be awarded via "calls for proposals" and the evaluation of submissions over the next 14 months.