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The European Commission has taken steps to simplify EU funding for research and innovation to cut costs and attract more participants, particularly small and medium-sized enterprises (SMEs).

Accounting burdens and costs for SMEs in the EU's FP7 research programme have been reduced immediately, said Máire Geoghegan-Quinn, EU commissioner for research, innovation and science.

A new steering group made up of senior Commission officials has also been set up to tackle inconsistencies in the application of funding rules across EU member states, the commissioner announced yesterday (24 January).

 

To read the full, original article click on this link: EU moves to cut red tape for research | EurActiv