The European Commission has announced two Future and Emerging Technologies (FET) Flagships that could each receive funding of a staggering one billion euro (US$1.3 billion) over a period of ten years. The “Graphene Flagship” and the “Human Brain Project” are large-scale, science-driven research initiatives designed to “fuel revolutionary discoveries” and provide major benefits for European society – hopefully creating new jobs and providing economic growth along the way.
The Graphene Flagship and Human Brain Project were selected in a process that started with 21 eligible proposals that were received in response to a call published on July 20, 2010. From these 21, a shortlist of six was then selected in January 2011. These six then submitted their complete research proposals, which were evaluated by a panel of 25 experts in November and December 2012, with the two winning proposals announced this week.
via Gizmag
