Press Release: Innovation investment package: private and public partnerships for research and innovation

The Council of the European Union on 6 May 2014 at the Economic and Financial Affairs meeting in Brussels adopted the legal acts for a new generation of public and private partnerships that will allow large-scale, long-term innovation projects to be carried out under the umbrella of Horizon 2020, the EU's research and innovation framework programme.

The innovation investment package, which implements the Innovation Union strategy to stimulate the creation of growth and jobs, will contribute to pool research and innovation investments up to 22 billion € in sectors facing major societal challenges in the next seven years.

• Primary Source

ESO: Background information: Innovation investment package: private and public partnerships for research and innovation http://www.europeansources.info/record/press-release-innovation-investment-package-private-and-public-partnerships-for-research-and-innovation/

ESO: Background information: Commission welcomes EU Member States' approval of multi-billion euro innovation partnerships http://www.europeansources.info/record/statement-commission-welcomes-eu-member-states-approval-of-multi-billion-euro-innovation-partnerships/

EurActiv, 07.05.14: Council rubber stamps private-public partnerships in biomass, air, energy, electronics, medicine http://www.euractiv.com/sections/innovation-enterprise/council-rubber-stamps-private-public-partnerships-biomass-air-energy

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