Feeds

EC earmarks €2bn for small firms

Lots of lovely lolly for research funding

  • alert
  • submit to reddit

Reducing security risks from open source software

The European Commission has announced that it is targeting small and medium enterprises (SMEs) in its distribution of €2.2bn of EU research funding.

Philippe Busquin, European research commissioner, launched the EU-funded DETECT-it project at a presentation in Brussels. The programme aimed to help SMEs to overcome the difficulties in setting up and financing research activities. It aims to identify the most innovative SMEs, and encourage them to make the most of the EU 6th Research Framework Programme (FP6) funding.

SMEs account for 66 per cent of private sector employment and 50 per cent of new jobs in the EU. According to the European Commission, nearly half of Europe's 2 million industrial SMEs have also introduced innovation into their markets.

"Small and medium-sized enterprises are central to Europe's innovation and technological breakthroughs," said Busquin. "Through targeted assistance the Commission is helping to turn SMEs' ideas into commercial realities."

Busquin said that the DETECT-it programme would give Europe's SMEs access to research expertise and corporate partnerships. It is also designed to give innovators access to the appropriate EU research funding programmes.

DETECT-it will also help SMEs to fully participate in the creation of a European Research Area (ERA), which is developing a single market for science, knowledge and innovation. Although EUR1.7 million of the SME funding will be spent within nation - states, the remaining EUR0.5 billion has been earmarked for cross-border joint ventures, innovations and technology transfers.

The project involves 42 partners from 15 countries and it will target more than 1,000 SMEs across Europe.

The EU wants to raise European R&D funding levels to 3 per cent of EU GDP by 2010. The EU has committed to increase R&D funding to 3 per cent of GDP by 2010, to bring it in line with the EU's main trading partners, the US and Japan.

© ENN

Seven Steps to Software Security

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.