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The number of Technology, Media & Telecoms (TMT) businesses with sufficient access to funding has halved in the past year, according to new research.

Physicist Andre Geim of Manchester University has been awarded the annual €750,000 Körber Foundation European Science award for the discovery of graphene.

The EIT has published the call for proposals for its first two or three Knowledge and Innovation Communities, which are to be selected by the end of January 2010.

The €6 million BioMara research project to investigate the use of algae to produce biofuel has been launched, backed by €4.9M from the EU.