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Eurotech - Public-Private Partnership in HPC Signed Between the European Commission and ETP4HPC Under Horizon 2020 - Eurotech announces that a Public-Private Partnership has been signed today between ETP4HPC and the European Commission in the form of a contractual arrangement (cPPP)
Eurotech - Public-Private Partnership in HPC Signed Between the European Commission and ETP4HPC Under Horizon 2020

 

PRZOOM - /newswire/ - Amaro, Italy, 2013/12/17 - Eurotech announces that a Public-Private Partnership has been signed today between ETP4HPC and the European Commission in the form of a contractual arrangement (cPPP).

   
 
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Eurotech, a leading provider of supercomputing technologies and a founding member of the European Technology Platform for High Performance Computing (ETP4HPC), announces that a Public-Private Partnership has been signed today between ETP4HPC and the European Commission in the form of a contractual arrangement (cPPP) with which the EU and industry will provide vital funding for research and innovation activities in the High Performance Computing sector, which is considered as one of the essential factors to Europe's industrial leadership in the next years.

The cPPP will implement the strategic research and innovation agenda through co-funded projects selected through Horizon 2020 calls for proposals. The cPPP will therefore bring together companies, universities, research laboratories, innovative SMEs and other groups and organisations around major research and innovation challenges.

The Commission and the representative industrial associations have agreed an overall indicative budget for 2014-2020. Budgets will be formalised on an annual basis in the Horizon 2020 work programmes. For the whole seven year period, EU funding for the HPC sector is expected to be in the order of €700 million (€142 million in 2014-2015).

About The Eurotech Group

Eurotech (eurotech.com) is a global company with a strong international focus: born and still headquartered in Italy, it has operating locations in Europe, North America and Japan.

 
 
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Agency / Source: Eurotech Group / Eurotech S.p.A.

 
 

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Eurotech - Public-Private Partnership in HPC Signed Between the European Commission and ETP4HPC Under Horizon 2020

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Contact: Cristiana della Zonca - Eurotech.com 
+39 0433 485411 sales[.]eurotech.com
 
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