EC approves German state aid for Theseus internet projectThe European Commission (EC) has approved EUR 120 million of German state aid for the Theseus R&D project to develop and test new search technologies for the next-generation internet. The Theseus project will include both large companies and SMEs. The EC concluded that the state aid was in line with criteria outlined in the Research and Development and Innovation. Theseus aims to develop and test new search technologies and integrated information and communications technology services for the next-generation internet. It will also look to develop structured online access to cultural information for the public. The first phase will involve the allocation of R&D grants to larger companies including Empolis, SAP, Siemens and Deutsche Thomson. Grants will be made available to SMEs in later phases.
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