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Global Trade Alert

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EU: EUR 3.1 billion support to develop high-performance computing until 2027

Description

On 13 July 2021, the EU established the High Performance Computing Joint Undertaking (EuroHPC) with public support of EUR 3.1 billion (USD 3.6 billion) for the 2021-2027 period. The EuroHPC will deliv...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jul 2021

Revocation date

31 Dec 2027

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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