NOTE: This article is only available to subscribers. Subscribe now to gain access to all articles, read exclusive interviews with top scientists from around the world, and browse the site ad free. The first month is free.

EU funnels $2.7 billion into two “ambitious and risky” science projects

January 28, 2013

EU funnels $2.7 billion into two “ambitious and risky” science projects

European authorities will spend an unprecedented sum to promote scientific innovation in an age of austerity.

In an effort to strengthen Europe’s diminishing standing as a leader in scientific innovation and development, the European Commission recently announced awards of 1 billion euros ($1.35 billion) each to two promising projects. One involves developing the new “miracle material” graphene, and the other will build a comprehensive computer model of the human brain.

The European Commission’s Future and Emerging Technologies program has granted the unprecedentedly generous awards to help boost innovative industries within the European Union (EU), along with Switzerland and other scientifically and industrially collaborative nonmembers.

Comments should take into account that readers may hold different opinions. With that in mind, please make sure comments are respectful, insightful, and remain focused on the article topic. In addition, readers can send us tips, press releases, or ideas for stories: