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Raising the innovation potential of regions

(12/10/2010)

Raising the innovation potential of regions

EU regional funds can help unlock the growth potential of the Union as a whole, by targeting investment in innovation in all regions.  This is the central message of a Commission Communication 'Regional Policy contributing to smart growth in Europe 2020' adopted on 6 October 2010.  The Communication encourages national and regional authorities to design 'smart specialisation strategies' to help regions identify their best assets. Concentrating resources on a limited number of priorities will ensure a more effective use of public funds and help to leverage higher levels of private investment.

Communication: Regional Policy contributing to smart growth in Europe 2020

EU Regional Policy: Stay informed