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The Commission is launching three Public-Private Partnerships

The three PPPs are part of the European Economic Recovery Plan.

The three PPPs represent a powerful means of boosting research efforts in three large industrial sectors - automotive, construction and manufacturing - which have been particularly affected by the economic downturn and where innovation can significantly contribute towards a more green and sustainable economy.

The Commission and the industrial partners work intensively together to develop the implementation plans for the three partnerships:

  1. "Factories of the Future" initiative for the manufacturing sector (€1.2 billion for R&D);
  2. "Energy-efficient Buildings" initiative for the construction sector (€1 billion for R&D); and
  3. "Green Cars" initiative for the automotive sector worth a total of €5 billion, of which €1 billion is for research activities.

The Commission foresees to provide a contribution of 50% to the total R&D budget from the budget of the 7th Framework Programme, with matching investment coming from the private sector.

In the PPP approach, there are the following advantages:

  • renewed confidence to invest in long-term research even when faced with short-term economic problems;
  • a leading role for industry, including SMEs, in the definition of the strategic priorities and the implementation of the research;
  • a multi-annual integrated work programme with a pre-defined budget, ensuring continuity and allowing industry to make long-term investment plans,
  • a cross-thematic approach going from basic and applied research through to validation and large-scale demonstration, with an increased emphasis on impact and exploitation;
  •  increased opportunities to support innovation in SMEs; and
  • a single-stage submission of proposals leading to a faster evaluation process and time to contract.

 Futher information is available >> here

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