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“It’s not all about the money”, article of Mr. Nektarios Tavernarakis, current ERC Scientific Council member @ The European Research Council Magazine, 12/10/2018

Date: October 16, 2018

Nektarios Tavernarakis, current ERC Scientific Council member, and past winner of ERC Advanced and Proof of Concept grants, gives a Greek perspective on the influence of the ERC.


“However in terms of national funding for fundamental research, the ERC had no Greek equivalent. It’s safe to say that the creation of the Hellenic Foundation for Research and innovation  in  2016 was directly inspired by the ERC model. It was established along almost identical lines, with a corresponding Scientific Council and Advisory Committee, who guide grant evaluation carried out by independent committees and panels. Another EU body also greatly contributed to the HFRI: the European Investment Bank (EIB) loaned half of the necessary investment, quite a remarkable bet for them at the time as they were essentially investing purely in ideas rather than their more usual fare of construction or material investment”.

Read the full article here