Competitiveness and Innovation Programme 2007-2013 (Extract from: Preparation of the Competitiveness Council of Ministers, Brussels, 13 March 2006)

Brussels, 10 March 2006

This proposal has an emphasis on targeting SMEs and the aim of enabling them to have access to innovation. The CIP will support actions that develop the capacity of enterprise and industry to innovate. Whilst building on tried and tested programmes, CIP also includes many new elements such as:

• a risk capital instrument for High Growth and Innovative Companies (GIF2)
• securitisation” of banks’ SME loan portfolios
• enhanced role for innovation and business support networks
• demonstrators of technological and organisational solutions to European ICT-services
• a twinning programme for policy makers..

Item source: MEMO/06/117 Date: 10/03/2006