PreCo was a European Seventh Framework Programme (FP7) ICT research project launched in November 2009 for a two year period. The overall objective of PreCo was to support public authorities in undertaking pre-commercial procurement (PCP) actions which stimulate innovation by engaging the suppliers in the market as well as the end-users (Living Labs). For this purpose, PreCo brought together a thematic network for the development and adaptation of European wide models, frameworks and policy recommendations in the domains of eHealth and eEnergy
The ultimate aim of the PreCo Network was to create a new type of knowledge intensive innovation platform in Europe. In this platform public and private sector use advanced ICT to develop conditions for advanced, all inclusive service economy and innovation ecosystem, which as such can create global benchmark lead markets for experimental innovation engagement model. This would also result in job creation, increased citizen participation and SME involvement in European level innovation research and practice.