Innovation Union

The Innovation Union will make it easier for you to commercialise your ideas and grow your company:

  • Improved access to finance
  • Innovation-friendly rules and regulations
  • Accelerated interoperable standard-setting
  • Cheaper patenting
  • Innovation supported by the public sector
  • Innovation Partnerships to give EU businesses a competitive edge
  • Easier participation in EU research and innovation programmes

Strengthening Europe's knowledge base: Research and education nurture innovation. The Commission supports business-academia collaborations to develop new curricula addressing innovation skills gaps.

Getting good ideas to market: The Innovation Union is creating a genuine single European market for innovation which will attract innovative companies and businesses. To achieve this, several measures are being taken in the fields of patent protection, standardisation, public procurement and smart regulation. The Innovation Union also aims to stimulate private sector investment and proposes to increase European venture capital investments.

Innovation Partnerships: European Innovation Partnerships are a new way of bringing together public and private actors at EU, national and regional levels to tackle the big challenges we face such as climate change, energy and food security, health and an ageing population. These challenges also represent opportunities for new business and the Partnerships aim to give the EU a first-mover advantage in these markets.