The Innovation and Networks Executive Agency (INEA) is the successor organisation of the Trans-European Transport Network Executive Agency (TEN-T EA), which was created by the European Commission in 2006 to manage the technical and financial implementation of its TEN-T programme.
Its mission is to support the Commission, project promoters and stakeholders by providing expertise and high quality of programme management to infrastructure, research and innovation projects in the fields of transport, energy and telecommunications, and to promote synergies between these activities, to benefit economic growth and EU citizens.
INEA officially started its activities on 1 January 2014 in order to implement parts of the following EU programmes:
The CEF is a key EU instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. It is divided into 3 sectors:
Horizon 2020 is the EU's main programme for the research area. It implements the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. The two objectives below which are managed by INEA fall under the "Societal Challenges" part of the programme.
In total, it is expected that INEA will manage a budget of up to €35 billion for the new 2014-2020 Programmes (€30 billion from the CEF and €5 billion from H2020).
Since 15 June 2020, INEA is managing a part of Innovation Fund programme via grants.
The Innovation Fund (IF) contributes to greenhouse gas (GHG) reduction by focusing on: