Under a major reform of EU regional policy, billed by the Commission as the "largest since its introduction", billions in EU regional development funds – once sprinkled widely to help poor regions catch up – will now be targeted to support innovation.
Helping low-income regions learn how to innovate is now the top priority, both to bridge the research divide and to halt the brain drain from Europe’s Eastern and Southern countries, said Johannes Hahn, Commissioner for Regional and Urban Policy.
Image: Johannes Hahn, EU Commissioner for Regional Policy
To read the original article: EU Regional Development Fund to invest €100B in innovation - Science|Business
