Building the European future of innovation – a report on the implementation of actions for the New European Innovation Plan

The New European Innovation Agenda (NEIA) is an important step in the development of the European innovation system. Its aim is to support the development of new technologies and strengthen Europe’s leading role based on the ecological and digital transformation. The Commission’s report published more than twenty months after the adoption of the document shows that the implementation of the Plan’s provisions is progressing correctly. Of the 25 actions identified in NEIA: 13 have been completed and 11 are ongoing.

One of the 5 flagship initiatives of the Plan are activities focused on financing enterprises and encouraging investment in European start-ups in the field of advanced technologies.

-The agenda, published in 2022, appeared at a special time when the stability and security of the entire region became extremely valuable. Advanced technologies need breakthrough research, capital, time and stability. NIF also makes its contribution in this area, being the next stage complementing the innovation financing market. We invest in small and medium-sized enterprises that are in the growth or expansion phase and commercialize the results of research and development work. Our investments support the development of entrepreneurship and drive technological and social progress, comments Ksenia Wójcik-Karasiewicz, president of the management board of NCBR Investment Fund.

The report, which one can read here, examines in detail the progress of NEIA implementation. It covers achievements in all 5 flagship initiatives, including the activities of the NCBR Investment Fund. The aim of the report is not only to present the current situation, but also to set paths for the further development of innovation in Europe.