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Posted: September 15, 2008

Practical Guide to EU funding opportunities for Research and Innovation

(Nanowerk News) The European Commission has published a new Practical Guide to EU funding opportunities for Research and Innovation.
In the multifaceted field of EU funding, this guide is intended to help stakeholders find the right funding programme for their projects in a user-friendly and comprehensive way. It provides a description of each programme including the Seventh Framework Programme (FP7) and the Competitiveness and Innovation Framework Programme (CIP), as well as the Structural funds (European Regional Development Fund and European Social Fund) and the Cohesion Fund, explaining their structures, their overall budgets, who is eligible and how to apply.
While these three funding sources individually already act as effective tools in support of research, technological development and innovation (RTDI), their value can be further enhanced by combining them, the Commission comments.
'Central to the realisation of the goals of the Lisbon Agenda is the need to promote the knowledge economy, in particular through research, technological development and innovation (RTDI),' the Commission further explains, adding that the three funding instruments are key to this.
In addition to the description of the funds, the guide gives advice on how to develop project ideas, find the relevant funding sources and also how to mix funding sources, not forgetting to list useful links to the respective funding websites. Last but not least, a checklist and scorecard facilitate the identification of funding potentials at every stage of developing and implementing a project.
The guide, which is currently available in pdf format but will soon also be accessible as a web-based application, can now be downloaded on CORDIS, the Community Research and Development Information Service. The guide will soon be available in other Community languages.
Source: European Commission