Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Europe adopts digital way forward

    Europe adopts digital way forward

    npsBy nps14 December 2020 Research & Technology No Comments2 Mins Read
    — Filed under: EU News Headline Internet
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Europe adopts digital way forward

    Artificial intelligence – Image by Alejandro Zorrilal Cruz

    (BRUSSELS) – The EU institutions struck a provisional deal Monday on a new programme to promote large-scale deployment of state-of-the art technology such as artificial intelligence and the latest cybersecurity tools.

    The Digital Europe programme, aimed at speeding up the digital transformation of European societies and economies, will run for the duration of the Multiannual Financial Framework (MFF) for 2021-2027, with a substantial overall budget of EUR 7,588 million.

    “It is unclear when the COVID-19 experience will be over, but it is clear that digital services are becoming a key driver of our economic growth and that the role of digital technologies will grow even stronger,” said Germany’s Economics minister Peter Altmaier, for the EU presidency: “It is also evident that the digital sector will play a key role in the post-COVID-19 economic recovery, which makes the Digital Europe programme a vital element of the recovery plan.”

    The Digital Europe programme will provide funding for projects in five crucial areas, each with their own indicative budget:

    • high performance computing: EUR 2,226,914,000
    • artificial intelligence: EUR 2,061,956,000
    • cybersecurity and trust: EUR 1,649,566,000
    • advanced digital skills: EUR 577,347,000
    • deployment, best use of digital capacities, and interoperability: EUR 1,072,217,000

    Under the programme, a network of European digital innovation hubs will provide access to technological expertise for businesses – in particular SMEs – and public administrations. These hubs will bring together industry, businesses and administrations in need of new technological solutions on the one hand, and companies that have market-ready solutions on the other. With a broad geographical coverage across Europe, the hubs will play a central role in the implementation of the programme.

    The programme will be put into practice through multiannual work programmes covering one or more of the five action areas. It will involve co-financing from member states and, when needed, from the private sector. The co-financing rate will be established in the work programmes. The work programmes will also set out the eligibility criteria for the actions under the Digital Europe programme. Grants under the programme may cover up to 100% of the eligible costs.

    The provisional agreement, subject to approval by the EU Council, will be be submitted to the Council’s Permanent Representatives Committee (Coreper) for endorsement.

    A digital future for Europe (background information)

    Long-term EU budget 2021-2027 (background information)

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Research - Image by Gerd Altmann from Pixabay

    Digital innovation and AI the focus for EUR 7.3 billion Horizon Europe investment

    Innovation - Image by Gregor Mima from Pixabay

    Brussels opens EUR 140m calls for AI projects to deploy key digital technologies

    AI generated - Image by T Hansen from Pixabay

    Researchers invited to shape Europe’s AI strategy

    Stéphane Séjourné - Photo © European Union 2025

    EU selects 47 strategic projects to secure access to raw materials

    AI generated - Image by T Hansen from Pixabay

    EU’s first artificial intelligence rules enter into force

    Research - Image by Gerd Altmann from Pixabay

    EU launches new biotech hub to support innovative companies

    LATEST EU NEWS
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    GBP and EUR outshine USD amid Fed pressure – Euro currency news daily

    27 June 2025
    Repair faulty goods - Image by Militiamobiles from Pixabay

    Cross-border disputes to be made easier under new EU alternative dispute resolution rules

    26 June 2025
    Space satellites - Photo by Kevin Stadnyk on Unsplash

    EU cuts red tape in space

    25 June 2025
    Election vote - Photo © European Union 2025 - source EP

    EU strengthens rules on voting in European elections when abroad

    24 June 2025
    Sad dog - Photo by Design Wala on Unsplash

    MEPs propose stricter rules on dog and cat welfare

    24 June 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?