Home > News > EU gives cautious go-ahead to research institute
November 26th, 2007
EU gives cautious go-ahead to research institute
European Union ministers have agreed in principle to establish a research organization to spur innovation and growth, but funding remained unresolved even as several countries jostled to host the so called "European Institute of Innovation and Technology."
At a meeting in Brussels, EU research minters also approved research initiatives worth Euros 9.3 billion ($13.8 billion) for electronics, computers, medicines and aerospace.
The projects include a Euros 3 billion effort into nanotechnology; Euros 2.7 billion for a computer project; and a Euros 1.6 billion initiative for cleaner and quieter aircraft. Companies would fund as much as 60 percent.
The Institute initiative was originally proposed two years ago by European Commission President Jose Manuel Barroso, who envisaged a Euros 2.3 billion ($3.43 billion) campus-based institute that would work in the same way as the rival Massachusetts Institute of Technology in the U.S. It was to be called the European Institute of Technology (EIT), the moniker that will still be used for the initiative.
The plan approved last Friday (Nov. 23) in Brussels is a much watered-down version of the original idea because of skepticism amongst many member states as well as the European Parliament.
Warming up the world of superconductors: Clusters of aluminum metal atoms become superconductive at surprisingly high temperatures February 25th, 2015
SUNY Poly CNSE Researchers and Corporate Partners to Present Forty Papers at Globally Recognized Lithography Conference: SUNY Poly CNSE Research Group Awarded Both ‘Best Research Paper’ and ‘Best Research Poster’ at SPIE Advanced Lithography 2015 forum February 25th, 2015
European roadmap for graphene science and technology published February 25th, 2015
Cutting-edge technology optimizes cancer therapy with nanomedicine drug combinations: UCLA bioengineers develop platform that offers personalized approach to treatment February 24th, 2015
Maximum Precision in 3D Printing: New complete solution makes additive manufacturing standard for microfabrication February 26th, 2015
Real-time observation of bond formation by using femtosecond X-ray liquidography February 26th, 2015
Bruker-Sponsored Sixth AFM BioMed Conference Highlights Increasing Impact of AFM in Biological Applications February 26th, 2015
Graphene shows potential as novel anti-cancer therapeutic strategy: University of Manchester scientists have used graphene to target and neutralise cancer stem cells while not harming other cells February 26th, 2015