From 23 to 26 October, BBI JU will be participating in a joint exhibition under the theme 'Innovation in Action' in the European Parliament in Strasbourg, France. In this exhibition sponsored by MEP Miroslav Poche, seven Joint Undertakings (JUs) will raise awareness around its specific model their potential in the European innovation and research area.
As European public-private partnerships (PPPs), the JUs were set up to drive innovation in key industrial sectors, namely fuel cells and hydrogen for transport & energy solutions (FCH), aviation (Clean Sky and SESAR), railway (Shift2Rail), electronic components & systems (ECSEL), health research and drug development (IMI), and bio-based products and materials (BBI).
About the JUs
JUs are mission-oriented organisations addressing major global challenges. By mobilising actors and investors across sectors, disciplines and borders, JUs are able to create new innovation ecosystems and work at the scale needed to deliver transformative breakthroughs. JUs do this by combining excellent science with a collaborative, open innovation approach that brings together partners and stakeholders from industry, SMEs, universities, research centres, civil society etc.
Since the launch of the first JUs in 2007-2008, JUs have more than demonstrated their ability to deliver concrete results that are both scientifically excellent and have practical applications in areas that are vital for the European Union. Deployment of these results is already underway across Europe, offering benefits to citizens and businesses alike.
JUs leverage significant investments from both public and private sectors; for every euro invested in the JUs by the EU, an additional funds are provided to the programmes by other investors from the public and private sectors. JUs stimulate further growth in Europe’s private sector allowing for new jobs creation and boosting competitiveness.