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Europe's R&D leaders assembled in Eilat agree to invest $46 million in joint R&D initiatives
Date:3/1/2011

dozens of innovative companies from EUREKA's member countries, as well as ALL the EUREKA clusters which incorporate Europe's industrial market leaders are attending the meetings in Eilat. This is the real proof of concept for the rationale and necessity of the Clean-tech Action initiated by the Israeli EUREKA Chairmanship".

EUREKA delegates, representing government agencies from over 40 countries, gathered at the meetings to promote industry, technology, R&D, and international cooperation through funding and partner-matching. During the conference they strategized on how best to meet the global needs of today and tomorrow, such as climate change, reducing greenhouse gas emissions, deploying smart grids, expanding solar and wind energy zoning, overcoming water shortages and more.

On a yearly basis, EUREKA supports more than 300 collaborative projects in a variety of industries, totalling over 1.5 billion Euro. These industrial projects match up partners from two or more member countries including small and medium-sized enterprises (SMEs), large industry, and research institutes. Projects can be launched in virtually all industry fields and technological areas IT, manufacturing, water technologies, communications, biotechnology and energy, among others. EUREKA initiatives look to meet challenges such as climate change, energy security, and limited water resources.

Israel's chairmanship of EUREKA is being led by former Chief Scientist Dr. Eli Opper and the Israeli Ministry of Industry and Trade, through MATIMOP the Israeli Industry Center for Research and Development, which is the executive agency of the Chief Scientist's office. The Israeli leadership of EUREKA will provide an opportunity to showcase Israel's culture of innovation and entrepreneurship. Indeed, at the ripe of age of 62, Israel has been coined the "start-up nation" of the world. With over 3,800 technology-based start-up companies, innovation has become a key factor in t
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Contact: Piotr Pogorzelski
piotr.pogorzelski@eurekanetwork.org
322-777-0979
EUREKA
Source:Eurekalert

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