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

The Committee of Permanent Representatives on 26 February 2014 endorsed an agreement between the Hellenic Presidency of the Council and European Parliament representatives on 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 partnerships will be launched as soon as they have been formally adopted by the European Parliament and the Council of the European Union.

Five public-private partnerships will be set up or further developed as Joint Technology Initiatives (JTIs) in the fields of:
– bio-based industries (BBI);
– aeronautics (Clean Sky 2);
– electronics (ECSEL);
– fuel cells and hydrogen (FCH 2); and
– innovative medicines (IMI 2).