Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

robot

EU scientists and member states will decide over the next six months which future high-tech industries – from a choice including robot servants and nano clothing – should receive a €1 billion European funding boost.

Six so-called ‘future and emerging technologies’ (FETs) - all based in the ICT sector - are vying for a prize of up to €100 million each year over a decade, with at least one pilot guaranteed to claim the bounty.

Officials told EurActiv that more than two of the pilots are unlikely to clinch the money.

The selection will be closely watched since any eventual winners will carry the endorsement that they are strong hopes for Europe’s industrial future.

To read the full, original article click on this link: Billion-euro research race enters closing stage | EurActiv