Industry needs a programme that is dedicated to micro and nanoelectronics, complementary to but differentiated from the ECSEL Joint Undertaking, which will support projects that can be set up quickly and implemented in a manner that matches the specific needs of the project objectives and the participants. It should be a flexible and agile programme that identifies opportunities, quickly assesses national governmental support and operates with a short, but effective, approval process, to ensure the opportunity for rapid competitive exploitation as soon as the necessary research and development activities have been completed. The programme must take full advantage of all the capabilities available in Europe, encompassing all members of the various ecosystems and with special emphasis on enabling SMEs to bring new capability into the micro and nanoelectronics based systems markets.
With its focus on smaller, faster and flexible projects, the new Cluster will provide an opportunity to quickly take advantage of rapidly developing markets and their related value chains.
Leverage across the electronic industry value chain is very significant, being a factor of ten or more between the core semiconductor industry, including equipment, materials and tools at one end, and downstream application segments in which Europe is world leader at the ”top” of the chain. Investing in the micro and nanoelectronics ecosystem through focused research, development and innovation gives Europe the opportunity to increase its micro and nanoelectronics-based world-wide revenues in 2020 by over 200 billion euro per year, and create an additional 250,000 direct and induced jobs in Europe.
PENTA, in conjunction with other National and European programmes, intends to make a significant contribution to these targets.