Tech Support EU

EU Funding for High-Tech Projects

What are High-Tech Projects?

The term high-tech refers to the latest technology that is available in a specific field of science or production. However, it does not refer to a specific branch of industries, it includes all possible fields of production, including machinery, IT products, cosmetics, foods, clothing and so on and so forth. In the 21st century, high-tech products are being closely associated with the rapid progress in computer electronics and communication technologies, including the widespread use of smartphones, netbooks and tablets. The development of the internet and progressing digitisation are among the characteristics of today’s high-tech world. There are other fields with less direct consumer orientation, which nevertheless belong to the current grand high-tech projects of mankind: Nanotechnology, photonics, robotics, biotechnology and bioinformatics are just some of these projects, which will certainly impact our common future. While the development of high-tech products and technologies is a global process, the EU plays an important part in fostering these developments, inter alia by providing substantial funding for various high-tech products.

Which Projects are Located in the EU?

There are large numbers of EU-based high-tech projects in various fields. One example is the food industry. The aim of the “High Tech Europe” project is to improve the technology transfer between the food industry and researchers that develop the latest cutting edge technologies in the field of food processing. Another European project is called AMAZE and is linked to the production of additive manufacturing and the effective creation of high-tech metal products with a minimum of waste. The project is making use of innovative technologies such as adaptronics and in-situ sensing. In the field of innovative electronics, an important European scheme called “Silicon Valley Europe” intends to bring together the producers of micro- and nano-electronics, who are widely spread over different EU countries and to enhance their cooperation in both research and sales strategies. Companies from Germany, France, Belgium, the Netherlands and Austria are taking part in this synergy-creating enterprise. The Human Brain Project is one of Europe’s flagship high-tech programs. It focuses on creating progress in the fields of neuroscience and brain-related medicine with the aim of improving methods to understand brain diseases, the impact of drugs on the human brain, and to develop cures against a large variety of brain ailments.

How does the EU Provide High-Tech Projects with Funding?

The EU has a tradition of funding technology and science in order to enable the member states to remain competitive in the global race for progress. From 2014 to 2020, 74.8 billion Euros will be invested in projects that help to fund research and high-tech development. The funding’s intention is not only to support the drivers of progress, but also to improve European integration and cooperation. Most of the high-tech projects that receive EU funding are supposed to involve partners from different EU member countries in order to enhance their cooperation.

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