1 / 8

Horizons 2020

Horizons 2020. Dave Richardson University of Illinois. FP7 Summary of U.S. Participation. In excess of 340 U.S. applications selected for FP7 Participation U.S. accounts for approximately 11% of non-European Participation – 2 nd only to the Russian Federation in funding received

star
Download Presentation

Horizons 2020

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Horizons 2020 Dave RichardsonUniversity of Illinois

  2. FP7 Summary of U.S. Participation • In excess of 340 U.S. applications selected for FP7 Participation • U.S. accounts for approximately 11% of non-European Participation – 2nd only to the Russian Federation in funding received • FP7 Proposals involving a U.S. Participant had a 30% yield rate versus 15% without • 75% of all Marie Curie International Outgoing Fellows study in the U.S. while the U.S. accounts for 14% of Incoming Fellows • 40% of U.S. Project Participants did not sign an FP7 Grant Agreement but participated in other ways

  3. U.S. Concerns with FP7 Grant Agreement • Cost Sharing • Governing Law / Court of Jurisdiction • Liquidated Damages / Financial Penalties • Foreground Intellectual Property • Indemnification

  4. Cost Sharing • Cost sharing while not required may be implied in accepting the flat indirect rate • U.S. entities may choose to be reimbursed on their actual overhead costs, if they consider the proposed flat rates too low

  5. Governing Law / Court of Jurisdiction • Belgian law is applicable and the EU General Court/Court of Justice are the responsible courts for dispute resolution • No solution for governing law – accept it or withdraw from signing the grant agreement • Special Clause 35: permits arbitration instead of Court of Justice

  6. Liquidated Damages • Participants receiving an EC financial contribution are subject to liquidated damages and financial penalties • Special Clause 9: excludes U.S. participants form this provision if they are not receiving an EC financial contribution

  7. Foreground IP • Participants are required to protect and share with consortium partners foreground IP • Partners are permitted to develop specific agreements regarding foreground intellectual property prior to project execution

  8. Indemnification • Participants shall indemnify the EU where they themselves have caused damages • A financial risk sign-off remedies this risk for some institutions • For others, indemnification is a legal barrier to participation

More Related