European Commission Signs €150M Grant Funding the Graphene Flagship

The European Commission (EC) signed a €150 million ($163.12 million) grant agreement to continue funding the Graphene Flagship’s research and innovation on graphene and related materials from April 1, 2020, to March 31, 2023.

With this signature, the EC continues its commitment to support the €1 billion ($1.08 billion) Flagship project, which began in 2013.

“Although we will keep supporting fundamental research on graphene and related materials, in this new phase our project will focus on advancing industrial applications,” said Jari Kinaret, director of the Graphene Flagship. “One-third of the €150M will be dedicated to high-TRL applications, which will probably hit the market within the next few years.

“Moreover, with this new Core 3 agreement, we renew our consortium and welcome around 25% new partners, most of them leading industries in Europe in key sectors,” Kinaret continued. “Together, we will achieve a more sustainable future and achieve our ultimate goal – bringing graphene to the market.”