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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.

Money may be tight, but there a newcomer looking to put seed investment into innovative companies – and which aims to make funding decisions within 10 weeks.

ERC head Fotis Kafatos urges basic research for economic growth – and charts a course for expansion.

As governments plough in $3 trillion to stimulate growth, 52 major companies and leading climate change experts argue for policies to promote low carbon technology.