‘Flagships’ form bedrock of new European innovation agenda

Commission seeks more scaleup funding, regulatory experimentation, regional partnerships and Erasmus+ alliances

The European Commission has unveiled its long-awaited New European Innovation Agenda, which it hopes will put the continent “at the forefront of the new wave” of technological development via a series of flagship initiatives.

Published on 5 July, the agenda seeks to tackle five main challenges the Commission thinks are hampering the growth of European companies based on ‘deep tech’ innovation, which it defines as being “rooted in cutting-edge science, technology and engineering”.