Co-funded by the Eco-innovation Initiative of the European Union.
The eco-innovation initiative bridges the gap between research and the market. It helps good ideas for innovative products, services and processes that protect the environment become fully-fledged commercial prospects, ready for use by business and industry. In doing so the initiative not only helps the EU meet its environmental objectives but also boosts economic growth.
Eco-innovation represents a key opportunity to establish Europe's leading role in overcoming the world's sustainability challenges while making Europe's economy even stronger and more competitive. The world market of environmental products and services is growing. According to an OECD study, goods and services provided by eco-industries are estimated to represent around 2.5 % of the EU GDP.
Managing the initiative
The Eco-innovation initiative is managed by the Executive Agency for Competitiveness and Innovation (EACI) in close cooperation with the European Commission's Environment Directorate-General. It forms part of the EU's Competitiveness and Innovation Framework Programme (CIP).
Funding is made available in form of grants. Information on the specific types of actions covered by the calls for proposals is available on the web page on the calls' main themes.
The Executive Agency for Small and Medium-sized Enterprises (EASME) has been set up by the European Commission to manage several EU programmes on its behalf.
The new agency replaces the Executive Agency for Competitiveness and Innovation (EACI), which has managed the Enterprise Europe Network, Intelligent Energy-Europe, Eco-innovation, and Marco Polo programmes.