For the implementation of the Joint Technology Initiative on ‘Electronic Components and Systems for European Leadership’), a joint undertaking within the meaning of Article 187 TFEU (the ‘ECSEL Joint Undertaking’), shall be established for a period up to 31 December 2024. In order to take into account the duration of Horizon 2020, calls for proposals under the ECSEL Joint Undertaking shall be launched at the latest by 31 December 2020. In duly justified cases, calls for proposals may be launched by 31 December 2021.

The ECSEL Joint Undertaking shall replace and succeed the ENIAC and ARTEMIS Joint Undertakings, established by Regulations (EC) No 72/2008 and (EC) No 74/2008.

The ECSEL Joint Undertaking shall be a body entrusted with the implementation of a public-private partnership referred to in Article 209 of Regulation (EU, Euratom) No 966/2012.

The ECSEL Joint Undertaking shall have legal personality. In all Member States, it shall enjoy the most extensive legal capacity accorded to legal persons under the laws of those Member States. It may, in particular, acquire or dispose of movable and immovable property and may be a party to legal proceedings.

The seat of the ECSEL Joint Undertaking shall be located in Brussels, Belgium.

The Statutes of the ECSEL Joint Undertaking (‘the Statutes’) are set out in the Annex.