To encourage even greater use of the European Investment Project Portal (EIPP), the Commission announced on 20 June that it has lowered the minimum project size to EUR 1 million. This will provide more opportunities for smaller projects such as those supplied by municipalities, regions or start-ups. The EIPP is the EU's online match-making portal, connecting EU project promoters with investors worldwide. Launched in June 2016 by the Commission, the EIPP is a key component of the Investment Plan for Europe. Covering every major economic sector, its goal is to promote the financing of EU investment projects and create jobs across the EU. To increase the portal’s usefulness and attractiveness, the Commission will now also offer free publication of projects for all project promoters (public or private) and will soon let investors subscribe to project updates according to their interests.