PPPs boost scientific research

New public-private partnerships have been launched to boost scientific research, long recognised as a stimulus for economic growth.

Spending on research and development today will make Europe more competitive tomorrow. That’s the thinking behind EU moves to promote research and development (R&D) investment as part of the recovery plan to get Europe’s economy moving again.

Three new public-private partnerships (PPPs) should help. Financed 50 per cent by the EU and 50 per cent by industry, the PPPs will fund research on “factories of the future” for the manufacturing sector, “energy-efficient buildings” for the construction sector and “green cars” for the automotive sector.

These sectors were chosen because they have been particularly affected by the crisis and because R&D here could lead to new, green technologies, helping to make the economy more sustainable. Between them, the PPPs will receive a total of 3.2 billion euros for R&D.

On July 30, the commission will launch a call for proposals for individual projects within each PPP.