Tuesday, August 13 10:59:33
Jim Higgins MEP is encouraging web entrepreneurs, budding tech enthusiasts and online SMEs to investigate a new E130 million EU fund aimed at supporting the development of online services.
"Online businesses and e-commerce will only grow if consumers can trust the reliability and security of the websites themselves. As the web progresses, technology leaders must continually update their software to become faster, more interactive and user friendly. The EU is conscious of the need to keep up-to-date with the rapidly expanding online world."
"We need to encourage web entrepreneurs and emerging talent to use their skills to help Europe become the world leader in technological development in this area. Ireland, in particular, has a reputation as a technology hub. So, I am glad that the European Commission has brought forward a substantial E130 million EU fund to support web technologies development," Mr Higgins said today.
The third phase of the Future Internet Public Private Partnership (FIPPP), aims to attract fresh participants, be they innovative SMEs, web entrepreneurs or ICT developers, for the purposes of developing their own highly innovative, infrastructure-based, data-rich services and applications.
Funding will typically be to a value in the range of E50,000 - E150,000 per successful applicant, with the support of an overall coordinating organisation. This new EU fund is linked to the Startup Europe (SE) initiative of the Digital Agenda for Europe, which aims to help tech entrepreneurs start, maintain and grow their businesses in Europe.
"This funding represents a great opportunity for Irish web entrepreneurs to apply for funding that will help launch their product or service online," the North West MEP added.
The deadline for funding applications is December 10th, 2013.