The Memorandum of Understanding (MoU) signed between the European Commission and the European Investment Bank (EIB) has paved the way for improved access to finance for investments in Key Enabling Technologies (KETs).
The Memorandum of Understanding (MoU) was signed at the inaugural meeting of the High-Level Group on Key Enabling Technologies.
Former European Commission Vice-President Antonio Tajani, responsible for industry and entrepreneurship, and Vice-President Philippe de Fontaine Vive, responsible for innovation at the Bank, stressed that the agreement sent a strong signal that KETs should be a priority investment area in Europe.
The High-Level Group (HLG) on Key Enabling Technologies (KETs) that met in January 2014 presented the document ‘KETs for a competitive Europe’.
The document:
summarises the importance of KETs for Europe;
analyses the state of implementation of the European strategy for KETs;
provides an overview of the remaining bottlenecks;
outlines the way forward.
It was drafted for the discussion on industrial competitiveness held at the March European Summit (see European Council Conclusions 20/21 March below).
