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Innovation Union plans advancing, says commissioner

Legislative proposals for Horizon 2020, the replacement for the European research funding programme FP7, will be presented before the end of this year, Maire Geoghegen-Quinn, the European research commissioner, has said.

Proposals for an EU-wide venture capital scheme would also be available before the close of 2011, she said at a Science of Cities Colloquium organised by IBM in Dublin on 27 October.

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