The European Research Council – Fork in the Road from The Scientist [2010-02-01
An exceptional issue of The Scientist this month (see this and other posts above).
Very interesting article by Colin MacIlwain on the European Research Council.
Once in a generation, perhaps, a new research agency is born that does unprecedented things. The US National Science Foundation (NSF) got going (after 5 years of argument) in 1951 and its budget hit $1 billion 32 years later, in 1983. The budget of the UK Medical Research Council, which was founded back in 1913, has not yet reached £1 billion. The European Research Council (ERC) was first conceived in 2002, opened its doors in February 2007, and its budget will pass €1 billion (close to $1.5 billion) next year.
lots more here (reg req): Fork in the Road :The Scientist [2010-02-01].