The €3.2 billion public-private partnerships (PPPs) programme set up at speed in response to the financial crisis, is to be the new model for research and innovation funding, the European Commission has announced.
A third - €418 million - call under the partnerships programme is due to be launched later this month. Industry has applauded the PPPs, and in particular the flexibility, lack of bureaucracy and fast and efficient approach. “Even though the PPPs were set up in an emergency, it turned out to be a model with excellent efficiency and speed,” Wolfgang Steiger of the German car manufacturer Volkswagen, said at a conference on the partnerships in Brussels this week.
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Author: Anna Jenkinson
