Last Updated 04 | 09 | 2013 at 18:13


Malta’s Horizon 2020 Initiatives to be launched by EU Commissioner

Article By: news

European Commissioner Geoghegan-Quinn has accepted the government’s invitation to visit Malta to launch the Horizon 2020 Framework programme, the financial programme aimed at implementing the Innovation Union by 2020, through which Europe will achieve global competitiveness.

This was announced by Parliamentary Secretary for Research, Innovation, Youth and Sport, Stefan Buontempo, during a presentation of the Deep Offshore Wind Project that is being partly funded by Malta Council for Science and Technology.

In a brief address, Parliamentary Secretary Buontempo said that through greater investment and increased collaboration in this field, we will make sure that our country has a promising future.

Within this context Government is committed towards sustaining its investment in the forthcoming European Funding programming period, for investment both within the public and private sector. We will ensure that local research and innovative businesses are fully engaged in Horizon 2020.

While thanking Dr Sant for the interesting exposé of how our natural resources can be tapped sustainably, Parliamentary Secretary Buontempo thanked the Chairman of MCST, Dr Jeffrey Pullicino Orlando for his unwavering commitment towards this cause.

The Chairman of MCST, Dr Jeffrey Pullicino Orlando, described the programmes that MSCT would be proposing in order to give the local R and I sector the boost it needs to make it a pillar of our economy. These include a Competence Tandem Centre Programme, a Technology Transfer Programme, an R&I Voucher Programme and most notably the Hybrid Venture Capital Fund.  This fund would enable the local investors to invest in local research and innovation projects and would benefit from a leveraged return in the market.

The Deep Offshore Wind Project funded by the Malta Council for Science and Technology (MCST), was carried out to help reduce the renewable energy concerns of Malta by harnessing its offshore wind energy potential. The project’s main aim was to carry out a feasibility study on a locally developed large wind farm. A novel support structure design methodology was established to develop support structure designs that satisfy water depths ranging from 50 to 70 m and that are subjected to Maltese weather conditions.

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