02 Mar 2011   |   News   |   Update from EUREKA Secretariat
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Eureka meeting in Israel agrees to fund €33 M of new projects

Europe's Eureka research programme will invest €33 million to fund 25 new collaborative R&D projects. The agreement was announced at a meeting in Eilat, under Israel's chairmanship of Eureka.

Representatives of Europe’s Eureka research programme this week agreed to fund €33 million of collaborative projects in renewable energy, food technology, biotechnology, physical sciences, information technology, electronics and manufacturing, at a meeting in Eilat, Israel, under Israel’s chairmanship of Eureka. A total of 25 projects were approved for funding.

Eureka currently has over 100 active cleantech projects, worth almost Euro 200 million Euros, and during the event Eureka launched its new CleanTech Action, dedicated to generating cooperative industrial R&D projects in the sector.

Israel’s National Project Coordinator Chairman Israel Shamay said, “The fact that dozens of innovative companies from Eureka’s member countries, as well as all the Eureka Clusters – which incorporate Europe’s industrial market leaders – are attending the meeting in Eilat is the real proof of concept for the rationale and necessity of the Cleantech Action initiated by the Israeli Eureka Chairmanship.”

Each year Eureka supports more than 300 collaborative projects totalling over Euro 1.5 billion in a variety of sectors, matching up partners from two or more member countries – including SMEs, large industry, and research institutes.

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