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EU Council to back closer links between R&D and regional funds

  

Recommendations for improving synergies between main research and innovation funding streams welcomed

The Council of the EU member state governments is set to back efforts to forge closer links between the bloc’s two main funding streams for research and innovation, after a report found that coordination between them was lacking.

The European Commission is required by EU law to ensure there are synergies between the bloc’s R&I funding programme and its scheme for funding regional development, which allocates a large portion of money to R&I. But the report from the European Court of Auditors found “insufficient” coordination between the two, and that this “limits the impact” of the bloc’s R&I funding.

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