

How to make synergies between the EU funds for innovation.

Central to the realisation of the goals of the Lisbon Agenda is the need to promote the knowledge economy, in particular through research, technological development and innovation (RTDI).
EU support for RTDI is provided mainly through the Seventh Research Framework Programme, the Competitiveness and Innovation Programme and the Structural Funds.
A combination of funds for your project.
When operating individually, these three funding sources already act as effective tools in support of RTDI. However, their value can be further enhanced by combining them. How can this be done?
A practical guide and check-list are published on cordis website to demonstrate the synergies and complementarity between the 3 types of funding.
Three Funding options and instruments
When you have a clear understanding of what you want to achieve, you
can proceed to consider whether the Research Framework Programme,
the Competitiveness and Innovation Framework Programme and the
Structural Funds might offer possible solutions for your needs. Please
note that, in addition to funding options, these instruments may offer
other types of benefits, such as possibilities for networking or making use
of information and other services provided. Depending on the
research/innovation activity to which your idea relates, one or more of
these instruments may be available to you.
Research: Framework Programme (FP7)
The 7th Research Framework Programme with a
total budget of over € 50 billion for the period 2007-2013 is the
main instrument at EU level specifically targeted at supporting
research and development. It provides funding to co-finance
research, technological development and demonstration projects
based on competitive calls and independent peer review of project
proposals. Support is available for collaborative and individual
research projects as well as for the development of research skills
and capacity. The successive Research Framework Programmes
have played a lead role in multidisciplinary research and
cooperative activities in Europe and beyond.
Innovation: Competitiveness and Innovation Framework
Programme (CIP)
The Competitiveness and Innovation Framework Programme aims to foster the competitiveness of European
enterprises and has a total budget of over € 3.6 billion for the
period 2007-2013. Specific CIP programmes will promote
innovation (including eco-innovation), foster business support
services in the regions and better access to finance, with small
and medium-sized enterprises (SMEs) as the main target,
encourage a better take-up and use of information and
communications technologies (ICT), help to develop the
information society and promote the increased use of renewable
energies and energy efficiency.
Regional development: Structural Funds (SF)
The purpose of the Structural Funds is to
strengthen economic, social and territorial cohesion by reducing
disparities in the level of development among regions and Member
States. Among the many areas supported by the Structural Funds
are R&D and innovation. The allocation of funds in a given
Member State or region varies according to its level of
development. However, most regions will have funding available
from the Structural Funds in support of RTDI. EU investmentunder the Structural Funds for innovation and research in the
period 2007-2013 will be above € 99 billion. For the poorer regions
the co-financing and the access to innovative experience
facilitated by the governance system characteristic of cohesion
policy is crucial for this purpose.
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