EU project will help Romania’s regions improve innovation capacity

The European Commission is launching two projects to provide expertise to Romanian regions and cities, in cooperation with the Romanian government and the World Bank.

Under the first project, European Commission and World Bank experts will help Romanian county capitals develop stronger links with their periphery and use EU funding for projects that benefit the whole urban area, not only the main economic centre.

Under the second project, a group of experts will help the eight Romanian regions to improve their innovation capacity and enhance cooperation between research centres and businesses to develop innovative products for the market. This project is launched under the Catching up Regions initiative, which helps low-income and low-growth regions catch up with the rest of the EU.

European Commissioner for Neighbourhood Policy and Enlargement Negotiations and Regional Policy Johannes Hahn said: “Romania will benefit from significant resources to invest in sustainable urban development in the next-long term EU budget 2021-2027. The work of commission and World Bank experts together with the Romanian authorities will help pave the way for the success of these investments. In parallel, we are providing tailored support to Romanian regions so they can capitalise on their assets, cooperate with each other and become more innovative.”

Cities will be encouraged to develop joint projects in the following sectors: public transport, environment and circular economy, digitalisation, entrepreneurship and education. The aim is to provide better services to citizens, make more efficient use of public funding and make sure positive spillovers reach surrounding, smaller towns as well.

Romanian regions meanwhile will receive tailored commission and World Bank expertise in order to better commercialise research projects, build capacity for technology transfer, create jobs in research and innovation (R&I) and promote innovation in local small and medium businesses.

EU project will help Romania’s regions improve innovation capacity was originally published on Emerging Europe | News, Intelligence, Community.