Public Private Partnerships (PPPs)
Why does Horizon2020 work with Public-Private Partnerships (PPP’s)?
The foremost reason why the EC has established PPPs is to solve problems together with industry. Next to that the EC wishes to strengthen European industrial leadership, to facilitate prioritisation of R&I in line with the Europe 2020 objectives and industry needs, to leverage research and innovation elements and to strongly commit industry to joint objectives.
There are two types of PPP’s in Horizon2020:
1. Contractual PPP'sThe budget for contractual PPP’s is only committed on an annual basis through H2020 calls in WPs, prepared on the basis of an industry-developed multi-annual roadmap and a contractual arrangement which specifies an indicative 7 years EU funding, and the commitments of industry to match this and to additional investments outside the PPP calls with high leverage factors, but not legally binding.
Examples of contractual PPP’s are:
The overall aim of the Joint Technology Initiative (JTI) is to address strategic areas where research and innovation are essential to European competitiveness. JTIs are implemented through dedicated legal entities – Joint Undertakings. Joint Technology Initiatives are in a way similar to contractual PPPs, but with ring fenced 7 year budgets. Next to that the JU launches its own calls (where derogations to H2020 are possible) with the additional commitments of industry outside the calls.
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