Taking into account the past experience of implementation of financial instruments in the cohesion policy, as well as their importance in the current multiannual financial framework, the European Commission and the EU legislative and policy framework for 2014-2020 is encouraging further expansion of their use. The aim is to strengthen the use of financial instruments in the new programming period to stimulate more investments in research and innovation and to complement traditional grant-based financing, in line with the objectives of the Investment Plan for Europe (IPE).
The new legal and policy framework shall provide: greater flexibility to the EU Member States and regions in terms of funding target sectors and implementation structures a stable implementation framework founded on a clear and detailed set of rules, built on existing guidance and previous experiences synergies between financial instruments and other forms of support (e.g. grants) compatibility between the financial instruments and the implementation framework at the EU level under indirect management rules.
The experts of the Interreg Europe Research and Innovation Policy Learning Platform have developed a Policy Brief on engagement of private investments in the field of research and development. It focuses on the desire to to bring research and development results to the market. Emphasis is put on "off-the-shelf" financial instruments and the co-investment model.
Download the Policy Brief.
The Interreg Europe Policy Learning Platform is here to stimulate knowledge exchange. The projects of the same family will be encouraged to learn from each other. To fine-tune the services and products of the platform to the user needs, we encourage you to share your ideas with Andrea Di Anselmo, [email protected], Thematic Manager for Research and Innovation.
Image credit: The photo was taken by Free-Photos from Pixabay
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