I3 – Interregional Innovation Investments – 2021-2027

The instrument aims at supporting interregional innovation investment on the road towards commercialisation and scale-up phases giving them the tools to overcome regulatory and other barriers and bring their project to investment level. The instrument’s final beneficiaries are mainly companies, in particular small- and medium sized enterprises (SMEs).

Objectives

• Encourage the development of European value chains by mobilising innovation ecosystems to scale up and commercialise interregional innovation projects
• Through the linkage to mainstream Cohesion policy operational programmes, mobilise additional investments in the selected priority areas and enhance the cooperation with partners from different Member States
• Strengthen complementarities between different EU, national and regional funding instruments

Structure

• Strand 1: Financial and advisory support for investments in interregional innovation projects in shared smart specialisation areas
• Strand 2: Financial and advisory support, and capacity building for the development of value chains in less developed regions