1 Amendments of Sigrid FRIIS related to 2024/2109(INI)
Amendment 294 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Believes that an expanded European Research Council (ERC) and European Innovation Council (EIC) should be at the heart of the part of FP10 dealing with a European competition of ideas a; recommends that this part should receive half of the FP10 budget; recommends thatcross-border collaboration should be encouraged and these programmes be designed so that they create a European, bottom-up funnel for innovation to develop quickly from fundamental science to innovation scale- up; as well as innovative ecosystems, consisting of universities, research and technology organisations, industry, startups, SMEs and investors, to translate results of research and development into the market in terms of products and value creation; considers that the EIC can only succeed if it can both offer blended finance as a single project and act with the same speed and agility as private actors on the venture capitalist market through a tailor-made legal entity for implementation; underlines that the strengthened autonomy and self- governance of both the ERC and the EIC are crucial to achieving this;