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Under a new deal, Framework Programme 7 funding will be diverted to help revive Europe’s devastated automobile, manufacturing and construction sectors.

There can’t be a city in Europe that is not trumpeting its entrepreneurial culture. A survey of entrepreneurs in 37 cities shows what they think of these efforts.

The Internet search engine giant Google is setting up a venture capital arm, Google Ventures, with $100 million to invest in the first year.

A national centre for sequencing plant, animal and microbial genomes is to be set up by the UK’s Biotechnology and Biological Sciences Research Council.

The expert panel appointed to review the structure and operations of the European Research Council has begun to consult research organisations.

Statkraft, Europe’s largest generator of renewable energy, is joining forces with Singapore-based Atlantis to develop tidal power generation projects in Europe.