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EU devotes €116m to linking regional innovation ecosystems

 Image: NicoElNino, via Shutterstock

Commission designates 151 regions as potential Regional Innovation Valleys under new scheme

The European Commission has identified 151 European regions as potential Regional Innovation Valleys under a new scheme intended to link up innovation activities in different areas—and it has allocated €116 million to the first projects.

RIVs were first announced in 2022 under the Commission’s New European Innovation Agenda. The scheme is intended to help regions with lower innovation performance build on what strengths they have by teaming them up with higher-performing ones.

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