Press Release: Structural Funds: Commission adopts new Guidelines for innovative schemes in the regions in 2000-06

The Commission has adopted new Guidelines for schemes supported by the Union to promote innovation in the regions. Funding on the order of €400 million will be made available to the regions from the Structural Funds to develop innovative schemes in the 2000-06 programming period. This is a follow-up to the conclusions of the European Council in Lisbon, March 2000, targeting the least competitive regions with the aim of helping to reduce their “innovation deficit” compared with the rest of the European Union.

• Primary Source

http://ec.europa.eu/comm/regional_policy/innovation/index_en.htm http://ec.europa.eu/comm/regional_policy/innovation/index_en.htm

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