Interregional Innovation Investments (I3) Instrument
For the past years, ERRIN and its members have been closely following the development of the Interregional Innovation Investments (I3) Instrument, formerly known as Component 5. I3 is a programme funded under ERDF that aims to support the commercialisation and scaling-up of interregional innovation projects in shared smart specialisation priority areas.
Together with other partner organisations, we voiced the regions’ interest for the scheme as well as their concern regarding its implementation and budget. I3 Instrument was designed as a new funding scheme to accelerate innovation market uptake. It was even more relevant in the context of COVID-related challenges. In 2022 and 2023 ERRIN Smart Specialisation Working Group has organised meetings to facilitate the development of projects under current I3 calls.