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EU targets 'eco-innovation'
By Steven Willis on 16th April, 2010
The European Commission has called this week for proposals from environmentally-friendly and innovative businesses to be funded under the Competitiveness and Innovation Programme (CIP). One of the key areas of focus in the scheme is sustainable and eco-friendly building, while other areas include recycling and the food and drink sector.
"This call for innovative projects is a tremendous opportunity for Europe's entrepreneurial talent to showcase new ideas to reduce our carbon footprint," said Janez Potocnik, European Commissioner for the Environment. "The CIP Eco-Innovation programme shows that helping the environment makes good business sense, with numerous products and services now demonstrating how competitive growth and environmental protection can go hand in hand."
The programme is aiming to help small businesses with an eco element break into markets and expand their performance through financial support - with an overall goal of boosting the use of environmentally-friendly products and services throughout the EU. Up to fifty projects will be chosen in this round of funding, sharing the €35m package.
Category: Company Updates

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