Israel receives 150m. euro from FP5

Jerusalem Post,
by Sharon Berger,
January 6 2002

Israel has received some 150 million euro in research grants through the Fifth Framework Programme (FP5) of the European Union.

Israeli companies and research institutions have been most successful in the Information Society Technologies (IST) division said Marcel Shaton, director general of ISERD (Israel-Europe R&D), noting that to date they have received 64m. euro, of which 75 percent is for R&D in industrial companies. Both BATM and Motorola Telecom Israel stand out as clear success stories said Shaton.

The FP5, which will end this year, will be replaced by the FP6, which starts in 2003 and runs until 2006.