Innovation Deals
In an open invitation published today for expressions of interest the Commission is seeking projects with strong potential to contribute to the EU's Circular Economy Action Plan. The selected projects will benefit from access to a close cooperation framework bringing together national, local and EU regulatory bodies to help navigate regulatory requirements.
This pilot is intended to support innovative ideas for maintaining the value of products, materials and resources in the economy. The initiative is being presented in the margins of the Competitiveness Council today by First Vice-President Frans Timmermans and Commissioner for Research, Science and Innovation Carlos Moedas.
Frans Timmermans said: "Today's launch of the Innovation Deals shows a new way of working which brings together our circular economy and better regulation goals. We are testing a new way of giving practical and pragmatic support to a small number of innovators who want to bring valuable projects to market in Europe for the benefit of our citizens and our environment. Addressing regulatory barriers and providing regulatory certainty is essential to keep Europe at the cutting edge of the green economy."
Carlos Moedas said: "Europe has a wealth of innovators with brilliant solutions to societal and environmental challenges. It is important to help innovators to work with us to pin-point what they perceive to be regulatory barriers to innovation. Then we can collaborate at all levels, national, local and EU, to find solutions and ensure European innovation succeeds."Further information is available online.
