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EUREKA invested over 300 million euros in industrial initiatives over the past year
Date:6/29/2011

June 22, 2011 Jerusalem, Israel The Israeli Chairmanship of EUREKA, the largest pan-European network for market-oriented, industrial R&D and innovation, announced today in Jerusalem that since the start of Israel's Chairmanship year in July 2010, over 220 cooperative R&D projects have been approved and supported by the program, totalling 320 million Euros of investment. Assembled in Jerusalem for the fourth and final event held in Israel under the EUREKA Chairmanship year, EUREKA's national delegates, representing over 40 countries, approved a series of promising cooperative R&D projects in a variety of areas, including renewable energy, agrofood technology, biotechnology, physical and exact sciences, IT and electronics, industrial manufacturing, and more.

The gathering in Jerusalem included a special event and gala dinner hosted by Minister of Industry, Trade and Labor Mr. Shalom Simhon and the Chairman of Israel's Chairmanship of EUREKA, Dr. Eli Opper. The event marked 25 years since the formation of the EUREKA program, and formally ended Israel's Chairmanship year and transferred power to the new chairman for 2011-2012, Hungary. At this celebratory event, the EUREKA Quarter Century Declaration has been adopted by high-level officials and EUREKA guests, all marking 25 years of achievements of the EUREKA Network in contributing to European innovation and R&D.

Dr. Eli Opper said: "This was the first year in which a EUREKA member country from outside of Europe was chosen to serve as Chairman of the Network. Now, with the completion of this successful and exciting year, I feel that Israel's reputation of being a nation of innovation and entrepreneurship has grown even greater, and we have met and exceeded all of the objectives we set for ourselves in July 2010. We are proud that the EUREKA Program continues on its path after our chairmanship year, equipped with better and richer tools, and having received further strength in realising its
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Contact: Piotr Pogorzelski
piotr.pogorzelski@eurekanetwork.org
322-777-0979
EUREKA
Source:Eurekalert

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