Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/492 (31.05.13) |
Publication Date | 31/05/2013 |
Content Type | News |
Investment in SMEs working in the area of environmentally innovative technologies is producing above average returns, creating valuable jobs and also alleviating environmental impacts, according to a new report. The performance of young SMEs funded over the past two years under the eco-innovation component of the EU’s Competitiveness and Innovation Programme (CIP) has been analysed and shows impressive results. The investment of EU eco-innovation funds shows a 20-fold return - every euro invested has resulted in 20 euros for its beneficiaries. Furthermore each project supported has generated an additional 8 permanent full-time jobs. |
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Source Link | http://europa.eu/rapid/press-release_IP-13-492_en.htm |
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Subject Categories | Business and Industry, Environment |
Countries / Regions | Europe |
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