Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-04-Speech-2-283"
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"en.20070904.25.2-283"2
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"Madam President, this is the question on EIT private sector funding. We believe that public and private partnerships are instrumental in driving information in the knowledge-based economy. If not, we do not succeed.
The private sector provides not only additional financial resources but, more importantly, can bring about changes in the strategic direction of innovation. So I would say it is not so much about money itself, but the way we cooperate, how we put together partners and interests.
Many EU countries have taken action to facilitate structural relations between the public and private sector with a view to promoting knowledge transfers between universities and industry. In this context, the activities of the EIT and, notably, knowledge and innovation communities will be implemented through innovative public-private structure partnerships and financed through a variety of public-private sources. The precise arrangements for their funding cannot be determined in advance and will clearly evolve over time, but the objective is to maximise the share of contributions from the private sector.
The Community contribution, which was agreed at EUR 308 million for the next Financial Perspective, is intended to act as a catalyst to draw forth resources from the private sector. The Commission has been particularly attentive in seeking to facilitate and attract private sector participation in the financing of the EIT and knowledge innovation communities (KICs).
For example, a key criterion for the selection of the KICs will be their capacity to ensure long-term and sustainable financing, including a substantial contribution from the private sector. It will be important for the governing board to identify fields for potential KICs that will attract the interest of a wide range of participants, including those in the private sector.
Moreover, the EIT will be empowered to establish an EIT foundation with the specific objective of mobilising and leveraging resources from both individual and corporate donors."@en1
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