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

Puzzle Piece Window

The European Commission has announced a new €365 million a year innovation partnership scheme aimed at boosting the development of ‘smart’ technologies in cities, EU officials told the press on Tuesday (10 July).  For 2013, €365 million in EU funds have been earmarked for the development of urban technology.

The European Innovation Partnership (EIP) will see private business and the EU executive pool research from energy, transport and ICT to develop a limited number of approved projects.

Examples of mooted projects included silent electric city buses that use digital technology, satellite technology aimed at improving traffic flow, a smartphone application for reserving alternative fuel rental vehicles, and fast charging mechanisms for electric vehicles.

To read the full, original article click on this link: Brussels unveils ‘smart cities’ innovation scheme | EurActiv