The use of financial instruments in the ‘Research, Development and Innovation in Small and Medium-sized Enterprises’ sector

Description

The Europe 2020 Strategy has a target to invest 3% of the EU’s Gross Domestic Product in research development and innovation (RDI). By end of 2016, EUR 6.7 billion from EU resources had been used to finance innovative enterprises, but the demand for RDI financing in Europe is continuous and there is still significant room for other RDI financing programmes, including with ERDF funding support.

This sectoral fiche considers the potential to use financial instruments to support this important sector. It forms part of the fi-compass Stocktaking study on financial instruments by sector.

Country
All EU Member States
Responsibility
EIB