In line with the New European Innovation Agenda’s flagship on accelerating and strengthening innovation in European Innovation Ecosystems across the EU and addressing the innovation divide, this action is intended to create connected Regional Innovation Valleys (RIVs) across the European Union (EU), involving regions with lower innovation performances, by building on strategic areas of regional strength and specialisation (defined in their smart specialisation strategies), in support of key EU priorities.

The European Commission dedicated EUR 122 million under Horizon Europe (European Innovation Ecosystems) and under the European Regional Development Fund (Interregional Innovation Investments (I3) Instrument).

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