Iberdrola and Indra, among those who will receive 50 million in European funds to investigate AI

The consortium, made up of 20 entities, includes universities such as the Polytechnic of Madrid, Granada and Salamanca.

Iberdrola and Indra, among the recipients of 50 million in European funds to investigate AI

A consortium coordinated by Iberdrola, and in which is also present Indra, has been one of the main winners of the 50 million euros of European funds for research projects in Artificial intelligence.

The consortium, which is made up of 20 entities in total, including several universities such as the Polytechnic of Madrid, Granada and Salamanca and centers such as the Tecnalia Foundation, will receive 12.5 million euros to research ‘advanced smart technologies for sustainable energy transition’. It is still a provisional resolution against which an appeal is possible.

The summons of ‘R&D missions in Artificial Intelligence’ awards funds to long-term research projects submitted by consortiums made up of large companies, academic institutions and small and medium-sized companies.

The aid was granted to projects for up to three years with budgets of between 10 and 20 million euros (although some awards have been for a smaller amount) in which large companies could contribute up to 50% of the budget and SMEs ‘ at least 20%.

Likewise, the intensity of the aid is up to 80% in the case of SMEs and 65% in the case of large companies in the industrial research phase and 60% for smaller companies and 40% in large firms for the experimental development stage.

Other awardees

The project ‘AI for the early diagnosis and treatment of diseases with a high prevalence in aging’ will receive the largest subsidy, 12.7 million euros, to be distributed among its 16 members.

It is a project coordinated by Altran Innovation, known since October as the Capgemini Foundation, and which has as partners the Barcelona Supercomputing Center and numerous academic and business institutions in Valencia, Aragon and Catalonia, as well as the Red Cross.

On the other hand, GMV is coordinating a project to apply AI to the agricultural production value chain, which will receive 9.9 million euros and brings together 24 members, the most on the entire list.

In the consortium, participate Florette, Emergy or the universities of Seville and Salamanca.

Another project that has received a grant has been the ‘DIPCAN (Digitalization and comprehensive management of personalized medicine) with 7.5 million euros of aid for a program coordinated by Eurofins Megalab and with the participation of two listed companies in BME Growth such as Atrys Health and Pangea Oncology, among others, for a total of seven units.

The creation of the ‘Federated Network of Artificial Intelligence to accelerate health research’ will be the action with the least subsidy (7.2 million euros).

This project is once again coordinated by GMV, the only company to repeat as coordinator, and among the 17 involved it includes the Complutense University, the Barcelona Supercomputing Center or PWC.

Among the resolutions rejected, there is one to apply artificial intelligence in Red Eléctrica, coordinated by Izertis and with the electricity infrastructure manager itself among its members, as well as a green infrastructure project coordinated by Ferrovial.

The Government contemplates 100 million euros of investment for 2021 in these projects in its recovery plan, so there would still be 50 million euros left to tender.