What does the European Union (EU) invest in? What projects do they support? The EU is here to help support great ideas and give everybody a chance to get ahead and to give innovative European ideas a chance. Through different funding schemes the EU is able to invest in projects across the spectrum, from those that are investigating cleaner sources of energy, to those that aim to provide cutting edge healthcare.
In order to invest in such a diverse range of initiatives, the EU has a comprehensive Investment Plan. The investment plan focuses on removing obstacles to investment, providing visibility and technical assistance to investment projects and making smarter use of new and existing financial resources. To achieve these goals, the plan is active in three areas:
- mobilising investments of at least €315 billion in three years;
- supporting investment in the real economy;
- creating an investment friendly environment.
The Investment Plan provides background and context, but where does this investment go? On the InvestEU website, there are many different project stories to browse through, which highlight some of the innovative European projects that are being funded. In upcoming posts, Promoting Enterprise will be highlighting some of the projects from across the Member States and from different sectors.