The European Union has
assigned 36 million euros to 16 innovative projects designed to
put new ideas on the market.
Italy, however, lagged behind in the bonanza with only three
firms and the University of Bologna participating in winning
consortia while Germany put 13 winning partners into the
competition, the first edition of the 'Fast Track to Innovation
scheme,' followed by Britain and the Netherlands with nine each,
officials said.
"We need to cultivate innovative ideas in all of Europe and
ensure that these become reality," Said European Commissioner
for Research Carlos Moedas.
"Today we are giving top innovation firms a head start in
the market race by giving rapid access to 36 million euros of
community funds".
A project involving two Italian firms and Bologna
University is CARIM, which together with a German and an
Austrian partner won 1.93 million euros to create a carbon fibre
wheel with an automised process for the car industry.
The second project with an Italian firm involved, together
with a German and a Czech partner, si called DISRUPT and won as
much as 2.92 million euros for development of a turbine for an
ultra-light, two seat helicopter.
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