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Driving Innovation - Qi3

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<strong>Driving</strong> <strong>Innovation</strong><br />

SO WHY ARTEMIS THEN<br />

• Good fit to UK business strengths & our investment criteria<br />

– Electronics Design, System Design, Test & Verification, …<br />

– 40% of EU silicon design businesses are UK<br />

– Hardware/Software Co-Development<br />

– End-use markets in aerospace, automotive, healthcare, built<br />

environment, …<br />

– Good sustainability/societal arguments: energy efficiency & safety<br />

• Good arguments for European engagement<br />

– Deals with cross-cutting issues benefiting from cooperation<br />

– Design rules, standards, interoperability, safety, reliability, …<br />

– Good additionality arguments, eg cross-EU supply chains<br />

• SME participation encouraged<br />

• Overall, ARTEMIS presents a GOOD opportunity for long term wealth<br />

creation in the UK.

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