The fund will be distributed over a 10 year period. EU is willing to finance bold and ambitious projects that could lead humanity to a smarter and also ensure profitable return in future. In the process, EU went for only those projects which had the highest potential to make significant social & economic impact.
The brain experiment project aims to observe chemical reactions, boosting up the diagnosis process of various brain diseases like depression, Alzheimer’s or even Parkinson’s and probably come up with better and effective treatment procedures.
Graphene is a form of Carbon that is actually a flexible sheet. This sheet can carry out electricity, which is 100 times stronger than steel having one atom thickness. It’s of great use to as a raw material of building aircraft, cell phones, tablets, laptops & medical equipments to carry cancer fighting drugs in body.